This compound is primarily utilized in organic synthesis as a key building block for the preparation of more complex molecules. It is often employed in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds, particularly in the synthesis of pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl halides or pseudohalides, making it valuable in constructing biaryl structures. Additionally, the presence of fluorine atoms can enhance the biological activity and metabolic stability of the resulting compounds, making it useful in drug discovery and development. It may also find applications in materials science for designing advanced polymers or sensors due to its unique electronic properties.