This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronic ester group enables it to act as a key intermediate in forming carbon-carbon bonds, which is essential for constructing complex molecules. It is often employed in the development of pharmaceuticals, agrochemicals, and advanced materials. The trifluoromethylphenyl group enhances its reactivity and stability, making it suitable for creating compounds with specific electronic and steric properties. Its application is also seen in the synthesis of bioactive molecules and functional materials, where precise molecular architecture is required.