This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions. It serves as a valuable reagent for introducing the trifluoromethyl cyclopropyl group into various organic compounds, which is a key structural motif in pharmaceuticals and agrochemicals. Its application is significant in the development of bioactive molecules, as the trifluoromethyl group often enhances metabolic stability and lipophilicity. Additionally, it is used in the preparation of complex molecules for drug discovery and material science, where precise control over molecular architecture is crucial.