This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key boronic acid reagent. It facilitates the formation of carbon-carbon bonds, enabling the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its trifluoromethoxy and pyrrolidinylsulfonyl groups enhance its reactivity and stability, making it suitable for constructing diverse aromatic and heteroaromatic structures. Researchers also employ it in the development of bioactive compounds, leveraging its unique electronic properties to optimize drug candidates. Additionally, it finds use in material science for designing functional polymers and electronic materials with tailored properties.