Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules, particularly in pharmaceuticals and agrochemicals. Its ortho-substituted tert-butyl group enhances steric hindrance, which can improve selectivity in coupling reactions. Commonly employed in the development of liquid crystals, organic semiconductors, and advanced materials where precise molecular architecture is critical. Also utilized in medicinal chemistry for constructing biaryl scaffolds found in bioactive compounds.