Used in organic synthesis as a key intermediate for the preparation of pharmaceuticals and agrochemicals. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds to create complex molecules. Its trifluoromethyl and cyclohexyl groups enhance the stability and reactivity of the resulting compounds, making it useful in the development of bioactive molecules. Additionally, it finds applications in materials science for the synthesis of advanced polymers and electronic materials.