Used primarily in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions to create biaryl compounds, which are essential in pharmaceuticals and agrochemicals. Its difluoromethyl group enhances stability and reactivity, making it valuable for developing complex molecules. Also employed in material science for constructing advanced polymers and organic electronic materials. Its boronic acid moiety is crucial for binding to diols, enabling its use in sensors and diagnostic tools for detecting sugars and other biomolecules.