Used primarily in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of pharmaceuticals, agrochemicals, and organic electronic materials. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in medicinal chemistry for constructing biaryl systems. It is also employed in the development of fluorescent dyes and optoelectronic materials due to its stable aniline core and reliable reactivity in palladium-catalyzed transformations.