This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura reactions. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in constructing complex molecules. It is often employed in pharmaceutical research to develop new drug candidates, especially in the synthesis of heterocyclic compounds. Additionally, it finds utility in materials science for creating advanced polymers and organic electronic materials. Its trifluoromethyl group enhances stability and bioactivity, making it a preferred choice in medicinal chemistry.