This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry, where it is used to develop active pharmaceutical ingredients (APIs) and other bioactive compounds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable for creating carbon-carbon bonds. Additionally, it finds applications in materials science for designing advanced organic materials, including polymers and ligands for catalysis. Its trifluoromethyl and cyclopropyl groups contribute to enhancing the stability and reactivity of the final products.