This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions where it serves as a key intermediate. Its boronate ester group enables efficient Suzuki-Miyaura coupling, a widely used method for forming carbon-carbon bonds in the development of pharmaceuticals, agrochemicals, and advanced materials. The difluoromethyl group enhances the compound's stability and reactivity, making it valuable in the synthesis of complex molecules. Additionally, it is employed in the preparation of biologically active compounds, including potential drug candidates, due to its ability to introduce fluorine atoms, which can improve metabolic stability and bioavailability.