This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key building block for constructing complex organic molecules, especially in the pharmaceutical and agrochemical industries. Its trifluoromethyl and cyclopropyl groups enhance the stability and reactivity of the resulting compounds, making it valuable in the development of drugs and bioactive molecules. Additionally, it is employed in material science for creating advanced polymers and functional materials with specific electronic or optical properties.