This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group serves as a key functional moiety, enabling the formation of carbon-carbon bonds with aryl or vinyl halides in the presence of a palladium catalyst. This makes it valuable in the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. The trifluoromethyl group enhances the compound's reactivity and stability, making it suitable for applications in medicinal chemistry where fluorine-containing compounds are often sought for their unique properties. Additionally, its ester group allows for further functionalization, broadening its utility in diverse chemical transformations.