This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry, where it aids in the development of drug candidates. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for creating biologically active compounds. Additionally, it is utilized in material science for designing advanced polymers and organic electronic materials. The presence of the fluorophenyl group enhances its reactivity and selectivity in various chemical transformations.