This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a key intermediate for the formation of carbon-carbon bonds, enabling the construction of complex organic molecules. Its trifluoromethyl and cyclopropyl groups enhance its reactivity and stability, making it valuable in the development of pharmaceuticals and agrochemicals. Additionally, it is employed in material science for the synthesis of advanced organic materials with specific electronic or structural properties.