Used as a reagent in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, where it serves as a boron-based partner to form carbon-carbon bonds. Its structure allows for selective reactivity with aryl or vinyl halides in the presence of a palladium catalyst, enabling the construction of complex aromatic systems. Commonly applied in pharmaceutical and agrochemical industries for building functionalized aromatic compounds. Also useful in materials science for synthesizing conjugated polymers and organic electronic materials due to its stability and reactivity profile.