This compound is primarily used in the field of organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic acid reagent, enabling the formation of carbon-carbon bonds, which is essential in constructing complex organic molecules. Its application is significant in pharmaceutical research, where it aids in the development of drug candidates by facilitating the synthesis of biologically active compounds. Additionally, it is utilized in material science for creating advanced polymers and organic electronic materials. The deuterium-labeled methyl groups enhance its utility in studies involving isotopic labeling, providing insights into reaction mechanisms and metabolic pathways.