Used primarily as a building block in organic synthesis, especially in Suzuki-Miyaura cross-coupling reactions. Its boronate ester group enables efficient carbon-carbon bond formation with aryl or vinyl halides, making it valuable in the preparation of complex furan-containing molecules. Commonly applied in pharmaceutical and agrochemical research for constructing biaryl systems and conjugated heterocyclic compounds. The furan ring offers a site for further functionalization, enhancing its utility in drug discovery and materials science. Stable under standard handling conditions and compatible with a wide range of reaction conditions, it is favored for its reliability in iterative synthesis.