This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling. Its structure, featuring a dioxaborolane group, makes it a valuable boron reagent for forming carbon-carbon bonds in the production of complex organic molecules, such as pharmaceuticals, agrochemicals, and advanced materials. Additionally, its long alkyl chains (dodecyloxy groups) enhance solubility in non-polar solvents, making it suitable for reactions in hydrophobic environments. It is also explored in materials science for developing organic electronic devices, such as OLEDs, due to its potential role in creating conjugated polymers with specific electronic properties.