This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for the introduction of trifluoromethyl-substituted aromatic structures into more complex molecules. The presence of the boronic acid group enables efficient coupling with aryl halides, while the trifluoromethyl group enhances the chemical and metabolic stability of the resulting compounds. Applications include the development of pharmaceuticals, agrochemicals, and advanced materials, where the trifluoromethyl group imparts desirable properties such as increased lipophilicity and resistance to degradation. Additionally, it is used in the synthesis of bioactive molecules and in medicinal chemistry research for drug discovery and optimization.