Used primarily as a key intermediate in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in complex organic syntheses. Its boron-containing group facilitates coupling with aryl or vinyl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical manufacturing. The stability and reactivity profile of this reagent allow for selective transformations in multi-step synthesis, especially in the development of bioactive molecules and functional materials. It is particularly useful when introducing sterically hindered or highly substituted alkenyl systems into target structures.