This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. Its boronate ester group makes it a valuable intermediate for constructing complex organic molecules, often used in the development of pharmaceuticals and agrochemicals. The fluorine substituent can enhance the biological activity of the resulting compounds, making it useful in drug discovery. Additionally, it serves as a building block in material science for creating advanced polymers and electronic materials. Its stability and reactivity make it a preferred choice for researchers working on targeted molecular synthesis.