This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group enables it to act as a key intermediate in the formation of carbon-carbon bonds, which is essential for constructing complex organic molecules. It is often employed in pharmaceutical research for developing drug candidates, especially in the synthesis of heterocyclic compounds. Additionally, it finds use in material science for creating advanced polymers and functionalized materials. Its fluorine substituent enhances its reactivity and selectivity, making it valuable in fine chemical synthesis.