This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. These reactions are essential for forming carbon-carbon bonds, enabling the creation of complex organic molecules. Its boronic acid group acts as a key reactant, facilitating the coupling with aryl or vinyl halides in the presence of a palladium catalyst. This makes it valuable in the pharmaceutical industry for synthesizing drug intermediates and active pharmaceutical ingredients (APIs). Additionally, it is used in materials science for developing advanced polymers and organic electronic materials, where precise molecular architecture is required. Its fluorinated aromatic structure also enhances its stability and reactivity in various chemical processes.