This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for constructing complex molecular structures. Additionally, it is utilized in the development of bioactive compounds and in the synthesis of heterocycles, which are essential in drug discovery and material science. Its trifluoromethyl group enhances the stability and reactivity of the resulting products, making it a versatile reagent in modern chemical research.