This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key intermediate for constructing complex molecules. Its trifluoromethylphenyl and boronic ester groups make it valuable for introducing specific functional groups into target compounds, especially in the development of pharmaceuticals and agrochemicals. The compound’s stability and reactivity under mild conditions make it suitable for creating carbon-carbon bonds in the synthesis of biologically active molecules, such as drug candidates or materials with tailored properties. Additionally, it is employed in the production of advanced materials, including polymers and liquid crystals, where precise molecular architecture is required. Its applications extend to research and development in medicinal chemistry, where it aids in the discovery of new therapeutic agents.