This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key reagent for constructing complex organic molecules, especially in the pharmaceutical and materials science industries. Its boronic acid functional group enables the formation of carbon-carbon bonds, making it valuable for creating aryl-aryl linkages in drug development and advanced materials. Additionally, it is employed in the synthesis of organic electronic materials, including polymers and small molecules used in OLEDs and other optoelectronic devices. Its ability to introduce aromatic structures into compounds makes it a versatile tool in designing molecules with specific electronic or photophysical properties.