This chemical is primarily used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its boronate ester structure makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in the production of complex organic molecules. Additionally, it can be utilized in the synthesis of bioactive compounds and materials with potential applications in medicinal chemistry, such as drug candidates targeting specific diseases. Its trifluoromethoxy group enhances its stability and reactivity, making it suitable for use in advanced chemical processes.