This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. Its boronic acid group enables it to act as a key reagent in forming carbon-carbon bonds, which is essential in the development of pharmaceuticals and complex organic molecules. The presence of the fluoro and piperidinyl groups enhances its reactivity and selectivity, making it valuable in the synthesis of biologically active compounds, including potential drug candidates. Additionally, it may be employed in the preparation of advanced materials and as an intermediate in the production of fine chemicals.