This chemical is primarily utilized in organic synthesis as a boron-containing reagent, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for introducing the 3,5-difluorobenzyl group into more complex molecules, which is valuable in the development of pharmaceuticals and agrochemicals. Its stability and reactivity make it suitable for constructing carbon-carbon bonds in the synthesis of bioactive compounds, including potential drug candidates. Additionally, it is employed in materials science for the preparation of boron-based polymers and advanced materials with specific electronic or optical properties.