Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex organic compounds. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and organic materials. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in constructing carbon-carbon bonds. Additionally, it is employed in the development of organic electronic materials, such as OLEDs and semiconductors, due to its ability to modify electronic properties. Its versatility also extends to polymer chemistry, where it aids in the synthesis of functionalized polymers.