This compound is widely used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. It serves as a stable and efficient reagent for introducing the 4-chlorophenyl group into various organic molecules. Its stability in air and moisture makes it a convenient choice for pharmaceutical and agrochemical research. Additionally, it is employed in the development of advanced materials, including polymers and liquid crystals, where precise functionalization is required. Its trifluoroborate moiety enhances reactivity and selectivity in catalytic processes, making it valuable in the synthesis of complex organic compounds.