This chemical is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for creating complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Additionally, it is employed in the development of bioactive compounds and in research for drug discovery, where precise molecular structures are essential. Its stability and reactivity make it a valuable tool in constructing diverse chemical frameworks.