This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in constructing complex molecular structures. Additionally, it is employed in the development of bioactive molecules and in the synthesis of heterocyclic compounds, which are essential in drug discovery and material science. Its trifluoromethyl group enhances the stability and reactivity of the molecules it helps create, contributing to its widespread use in industrial and research applications.