Used primarily as a key intermediate in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boronate ester group is highly reactive with aryl halides in the presence of palladium catalysts, making it valuable in pharmaceutical, agrochemical, and materials science research. The styryl backbone with a tert-butyl substituent provides enhanced stability and electronic properties, useful in the development of organic semiconductors and luminescent materials. It is also employed in the preparation of conjugated polymers and molecular probes for biochemical applications.