Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceuticals and agrochemicals. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions. The presence of a hydroxyl group on the naphthalene ring allows for further functionalization or coordination in catalytic systems. Commonly employed in the development of organic semiconductors, dyes, and fluorescent probes due to the aromatic scaffold’s electronic properties. Also utilized in materials science for constructing boron-containing polymers and sensors.