Used primarily in organic synthesis as a key intermediate in Suzuki-Miyaura cross-coupling reactions. Its boronate ester group enables the formation of carbon-carbon bonds, making it valuable in the development of advanced organic materials such as OLEDs, organic semiconductors, and pharmaceuticals. The presence of bulky tert-butyl groups enhances steric stability and influences electronic properties, which is beneficial in tuning the performance of optoelectronic devices. It is also employed in the synthesis of conjugated polymers and small-molecule systems requiring precise molecular architecture.