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. Its boronate ester group facilitates palladium-catalyzed coupling with aryl or vinyl halides, making it valuable in pharmaceutical and agrochemical research. The silyl-protected hydroxymethyl group allows for selective deprotection and further functionalization, enhancing its utility in multi-step synthetic routes. Commonly employed in the preparation of conjugated systems, such as biaryl structures, found in bioactive compounds and functional materials.