This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions, where it acts as a key intermediate. Its tributylstannyl group facilitates the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules. The presence of the fluorine atom enhances its reactivity and selectivity in certain transformations, such as nucleophilic aromatic substitution. It is often employed in the pharmaceutical industry to develop novel drug candidates, especially in the synthesis of fluorinated aromatic compounds, which are known for their biological activity and stability. Additionally, it finds use in materials science for creating specialized polymers and coatings with unique properties.