This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key intermediate for constructing complex molecules. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. It is often employed in the synthesis of heterocyclic compounds, which are essential in drug discovery for their biological activity. Additionally, its trifluoromethyl and methoxy groups enhance its reactivity and selectivity in various chemical transformations, contributing to its utility in medicinal chemistry and material science research.