This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a boronic ester reagent, enabling the formation of carbon-carbon bonds between aryl or vinyl boronic acids and aryl or vinyl halides. Its stability and reactivity make it valuable in constructing complex organic molecules, such as pharmaceuticals, agrochemicals, and advanced materials. The trifluoromethyl group enhances its electron-withdrawing properties, improving its efficiency in catalytic processes. Additionally, it is employed in the development of boron-containing compounds for medicinal chemistry and material science research.