This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex molecules, including pharmaceuticals and agrochemicals. The trifluoromethyl group enhances the compound's reactivity and stability, contributing to its use in the development of bioactive compounds. It is also employed in the synthesis of pyrimidine derivatives, which are key intermediates in drug discovery and material science. Its application extends to the production of advanced materials, including organic electronics and polymers, due to its unique electronic properties.