This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key boronic ester reagent, enabling the formation of carbon-carbon bonds in the production of complex organic molecules, including pharmaceuticals and agrochemicals. Its structure, featuring a trifluoromethyl group, enhances reactivity and stability, making it suitable for constructing fluorinated compounds. Additionally, it is employed in materials science for developing advanced polymers and electronic materials. Its applications extend to medicinal chemistry, where it aids in the synthesis of bioactive molecules with potential therapeutic properties.