Used primarily in cross-coupling reactions, especially in Suzuki-Miyaura coupling, to synthesize complex organic molecules. Its boronate ester group enables efficient carbon-carbon bond formation, making it valuable in pharmaceutical, agrochemical, and materials science research. The phenolic hydroxyl group allows for further functionalization or protection strategies, enhancing its utility in multi-step synthesis. Commonly employed in the development of liquid crystals, organic semiconductors, and bioactive compounds.