This chemical 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. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the development of active pharmaceutical ingredients (APIs). Additionally, its unique fluorine-containing structure enhances the stability and bioavailability of the resulting compounds, which is crucial in drug design. The compound is also explored in material science for the synthesis of advanced polymers and functional materials.