Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its sterically hindered arylboronic acid structure provides selectivity in coupling processes, making it valuable for creating complex aromatic systems. Commonly employed in the synthesis of advanced intermediates where controlled substitution patterns are required. Also utilized in materials science for designing organic electronic compounds due to its stability and electronic properties.