Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in organic synthesis. Its primary application lies in pharmaceutical and agrochemical research, where it serves as a boronic ester derivative to introduce aromatic substituents into target molecules. The compound’s stability and reactivity make it valuable in the development of complex organic structures, including active pharmaceutical ingredients and functional materials. It is particularly useful in late-stage functionalization due to its tolerance of various functional groups under palladium-catalyzed conditions.