This chemical is primarily utilized as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its boronic acid functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This reaction is essential in creating complex organic molecules, including active pharmaceutical ingredients (APIs) and advanced materials. Additionally, its trifluoromethyl and chloro substituents contribute to its role in the synthesis of compounds with enhanced biological activity and stability, making it useful in the design of drugs targeting specific diseases or pests. The presence of anhydride impurities does not significantly hinder its application in these processes.