Used primarily in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key building block for creating complex molecules. Its boronic acid group facilitates the formation of carbon-carbon bonds, making it valuable in pharmaceutical research for developing drug candidates. Additionally, it is employed in material science for designing advanced polymers and organic electronic materials. The fluoropropoxy group enhances its solubility and reactivity, broadening its utility in various chemical processes.