This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group makes it a valuable intermediate for constructing complex organic molecules, especially in the pharmaceutical and agrochemical industries. The presence of bromo and fluoro substituents enhances its reactivity and selectivity, enabling the formation of carbon-carbon bonds in the synthesis of bioactive compounds. It is also employed in the development of advanced materials, including polymers and liquid crystals, due to its ability to introduce specific functional groups into molecular structures.