Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Particularly valuable in pharmaceutical and agrochemical industries for constructing biaryl compounds and conjugated systems. Its naphthalene core enhances stability and electronic properties, making it suitable for materials science applications such as organic semiconductors and optoelectronic devices. The boronate ester group allows for efficient and selective coupling under mild conditions, improving synthetic efficiency in research and development.