Used in Suzuki-Miyaura cross-coupling reactions as a key intermediate in the synthesis of complex organic molecules, especially in pharmaceutical and agrochemical industries. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in the preparation of biaryl compounds and functionalized aromatic systems. Commonly employed in late-stage functionalization due to its stability and reactivity profile. Also utilized in materials science for constructing conjugated systems in organic electronics.