Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in organic synthesis. Its structure allows for efficient transmetalation with palladium catalysts, making it valuable in the preparation of biaryl compounds, pharmaceuticals, and advanced materials. The ethyl groups enhance solubility and stability, improving reaction yields and handling in air-sensitive processes. Commonly applied in research and industrial settings for synthesizing complex organic molecules, including conjugated polymers and functionalized aromatics.