This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals and agrochemicals. The boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of biaryl compounds. Additionally, its cyano and fluoro substituents can influence the electronic properties of the resulting products, enhancing their stability or reactivity. This chemical is also explored in materials science for creating advanced polymers and functionalized surfaces. Its unique structure allows for precise modifications in molecular design, contributing to the development of novel compounds with tailored properties.