Used in organic synthesis as a versatile reagent, particularly in cross-coupling reactions to form carbon-carbon or carbon-heteroatom bonds. It serves as a boron-containing intermediate in the preparation of complex molecules, including pharmaceuticals and agrochemicals. Its trifluoromethyl and ethoxy groups enhance reactivity and selectivity in catalytic processes, making it valuable in the development of bioactive compounds. Additionally, it is employed in materials science for the synthesis of advanced organic materials with specific electronic or optical properties.