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 long alkyl chain enhances solubility in organic solvents, making it suitable for use in liquid-phase synthesis and catalysis. Also employed in the preparation of functional materials such as sensors and molecular recognition systems due to the boronic acid group's ability to bind diols and saccharides. Useful in research for developing boron-containing compounds with potential biological activity.