This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for creating complex organic compounds, especially in the pharmaceutical and agrochemical industries. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of biaryl structures. This makes it valuable in the development of drugs, catalysts, and advanced materials. Additionally, it is utilized in research for designing molecules with potential therapeutic properties, such as anticancer or antiviral agents. Its stability and reactivity make it a versatile tool in modern synthetic chemistry.