This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key reagent for forming carbon-carbon bonds, enabling the construction of complex molecules. Its boronic acid group facilitates the coupling with aryl or vinyl halides, making it valuable in pharmaceutical research for developing drug candidates. Additionally, the fluorine substituent enhances its reactivity and selectivity in certain reactions, making it useful in the synthesis of fluorinated organic compounds. Its application extends to material science, where it contributes to the development of advanced polymers and electronic materials.