Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This makes it valuable in the development of complex organic molecules, particularly in the creation of active pharmaceutical ingredients (APIs). Additionally, its fluorine and propoxyl groups enhance its reactivity and selectivity, making it useful in the design of advanced materials and specialty chemicals.