This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction, where it serves as a key intermediate for constructing complex molecules. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. The trifluoromethoxy group enhances its reactivity and stability, allowing for precise control in the synthesis of target compounds. Additionally, it is employed in the development of bioactive molecules and as a building block in medicinal chemistry for creating potential drug candidates.