This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura reactions, where it acts as a key intermediate for creating complex organic molecules. Its deuterated methyl group makes it valuable in isotopic labeling studies, aiding in the tracking and analysis of chemical pathways and mechanisms. Additionally, it finds application in pharmaceutical research for the development of deuterated drugs, which can offer improved metabolic stability and pharmacokinetic properties. The compound is also utilized in material science for the synthesis of advanced polymers and functional materials with specific electronic or structural properties.