This chemical is primarily used as an intermediate in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It plays a crucial role in the formation of carbon-carbon bonds, enabling the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its boronate ester structure makes it a valuable reagent for introducing trifluoromethylphenyl groups into target compounds, which are often sought after for their unique chemical and biological properties. Additionally, it is utilized in the development of bioactive compounds and in research focused on creating novel materials with specific electronic or structural characteristics.