This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals and agrochemicals. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for constructing aromatic compounds. Additionally, it is employed in the development of materials for organic electronics, where precise molecular assembly is crucial. Its tert-butyl group enhances stability, facilitating its use in various synthetic processes.