This compound is primarily utilized in organic synthesis as a boronic ester, which plays a crucial role in Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed in the pharmaceutical industry to construct carbon-carbon bonds, enabling the synthesis of complex organic molecules, including potential drug candidates. Its fluorophenoxy moiety enhances its reactivity and selectivity in these processes, making it valuable for creating biologically active compounds. Additionally, it may be used in material science for developing advanced polymers or functional materials with specific electronic or optical properties.