This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group makes it a valuable building block for constructing complex aromatic structures, which are essential in the development of pharmaceuticals, agrochemicals, and advanced materials. It is also employed in the preparation of fluorinated aromatic compounds, leveraging the fluorine atom to enhance the stability, bioavailability, and metabolic properties of target molecules. Additionally, its ester group allows for further functionalization, making it versatile in multi-step synthetic pathways.