This chemical is primarily used as a reagent in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for the formation of carbon-carbon bonds, enabling the construction of complex organic molecules. Its boronic acid group allows it to participate in palladium-catalyzed reactions, making it valuable in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its diethylamino group can enhance solubility and reactivity in various reaction conditions, making it a versatile tool in medicinal chemistry and material science research.