This chemical is primarily used in organic synthesis as a versatile building block, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. Its boronate ester group enables the formation of carbon-carbon bonds, making it valuable for constructing complex molecules in pharmaceuticals and agrochemicals. The trifluoroethoxy group enhances its stability and reactivity, allowing it to be used in the development of bioactive compounds, including potential drug candidates. Additionally, it serves as an intermediate in the synthesis of advanced materials and specialty chemicals, where its unique structure contributes to tailored properties.