This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables it to act as a key intermediate in forming carbon-carbon bonds, which is essential in constructing complex organic molecules. It is often employed in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) and drug candidates. Additionally, it finds utility in material science for creating advanced polymers and functional materials with specific electronic or structural properties. Its trifluoromethyl group enhances its stability and reactivity, making it suitable for applications requiring precise molecular modifications.