Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting various diseases. Plays a significant role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex organic molecules. Applied in the production of agrochemicals, contributing to the creation of novel pesticides and herbicides. Utilized in material science for the development of advanced polymers and functional materials. Its boronic acid group makes it valuable in sensor technology for detecting sugars and other biologically relevant molecules.