This compound is primarily utilized in the field of organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. These reactions are crucial for forming carbon-carbon bonds, enabling the construction of complex organic molecules. Its boronic acid group acts as a key functional group, facilitating the coupling with aryl or vinyl halides in the presence of a palladium catalyst. This makes it valuable in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its cyclobutyl and fluoro substituents can impart specific steric and electronic properties to the resulting products, enhancing their functionality in drug discovery and material science applications.