This compound is primarily utilized in organic synthesis as a key intermediate, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronate ester group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The nitro and fluoro substituents on the phenyl ring enhance its reactivity and selectivity in various chemical transformations. It is also employed in the development of advanced materials, such as organic semiconductors and polymers, where precise molecular architecture is crucial. Additionally, its stability and ease of handling make it a preferred choice in research and industrial applications.