This chemical is primarily used 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 and agrochemicals, where it helps in forming carbon-carbon bonds. Its trifluoromethyl and cyclopropyl groups contribute to the stability and reactivity of the final compounds, making it valuable in the development of bioactive molecules. Additionally, it is utilized in materials science for creating advanced polymers and functional materials with specific properties.