This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate in the production of pharmaceuticals and agrochemicals, enabling the formation of carbon-carbon bonds with high precision. Its trifluoromethyl and cyclopropyl groups contribute to the stability and reactivity of the resulting molecules, making it valuable in the development of bioactive compounds. Additionally, it is employed in material science for creating advanced polymers and functionalized materials with tailored properties.