This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl or vinyl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in the development of drug candidates and fine chemicals. Additionally, its specific substitution pattern (chloro, ethoxy, and fluoro groups) allows for precise control over the reactivity and selectivity in synthetic pathways, contributing to the design of targeted bioactive compounds.