This chemical is primarily used as a reagent in organic synthesis, particularly in the formation of carbon-carbon and carbon-heteroatom bonds. It is often employed in cross-coupling reactions, such as Suzuki-Miyaura couplings, where it acts as a boron-based nucleophile to facilitate the coupling of aryl or vinyl halides with organoboron compounds. Its trifluoro and propan-2-yloxy groups enhance its stability and reactivity, making it suitable for use in complex synthetic pathways. Additionally, it finds application in the preparation of pharmaceuticals and fine chemicals, where precise control over molecular structure is critical. Its compatibility with various solvents and reaction conditions further broadens its utility in industrial and academic research settings.