This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of complex organic compounds, including pharmaceuticals and agrochemicals. Its boronic acid group allows for efficient coupling with aryl or vinyl halides, enabling the formation of carbon-carbon bonds. This makes it valuable in the development of drugs targeting various diseases, such as cancer and central nervous system disorders. Additionally, it is utilized in material science for creating advanced polymers and functional materials. Its fluorophenyl group enhances its reactivity and stability, making it a versatile building block in synthetic chemistry.