This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of complex organic compounds, including pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in the development of drugs targeting various diseases, such as cancer and inflammation. Additionally, it is utilized in material science for creating advanced polymers and electronic materials. Its trifluoromethyl group enhances the stability and reactivity of the resulting compounds, making it a versatile building block in research and industrial applications.