Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in organic synthesis. Its stable boronate ester structure makes it valuable for constructing complex aromatic and conjugated systems, especially in pharmaceutical and agrochemical development. Commonly employed in late-stage functionalization due to its compatibility with various functional groups and mild reaction conditions. Also utilized in materials science for synthesizing organic semiconductors and luminescent compounds.