Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex organic molecules. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in pharmaceutical research for developing drug candidates. The trifluoromethyl and cyclobutyl groups enhance the compound's stability and reactivity, allowing it to participate in diverse chemical transformations. It is also employed in material science for designing advanced polymers and functional materials.