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. The boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biaryl structures, which are common in drug candidates. The trifluoromethyl group enhances the compound's stability and can influence the pharmacokinetic properties of the resulting molecules. The piperidin-4-yl substituent provides opportunities for further derivatization and improves interactions with biological targets, contributing to specificity in bioactive compounds. Its application extends to the development of new materials and agrochemicals, where its unique structure contributes to the desired chemical and physical properties.