Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in organic synthesis. Its boron-containing structure makes it valuable for constructing biaryl compounds, which are common in pharmaceuticals, agrochemicals, and advanced materials. The compound acts as a stable, easily handled boronic ester equivalent, offering improved selectivity and yield in coupling processes. It is particularly useful in the development of complex aromatic systems where precise substitution patterns are required.