This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in pharmaceutical research and development. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for creating biologically active compounds, such as drug candidates targeting various diseases. Additionally, it finds application in material science for designing advanced polymers and electronic materials. Its fluorine-containing structure enhances stability and reactivity, making it suitable for specialized chemical transformations.