Used in organic synthesis as a boronic ester coupling partner in Suzuki-Miyaura cross-coupling reactions. It enables the formation of carbon-carbon bonds, particularly in the preparation of substituted aromatic and conjugated systems. The compound is valued for its stability and reactivity with aryl or vinyl halides in the presence of palladium catalysts. Commonly applied in pharmaceutical and agrochemical research for building complex molecular architectures. Also utilized in materials science for synthesizing organic semiconductors and conjugated polymers.