This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group acts as a key functional group, enabling the formation of carbon-carbon bonds with aryl or vinyl halides. This makes it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its unique structure, including the cyclopentoxy and fluorine substituents, can influence the reactivity and selectivity of the compound, making it suitable for constructing complex molecules with specific properties.