Used in organic synthesis as a key intermediate for the preparation of various boron-containing compounds. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the pharmaceutical industry for constructing complex molecules, including drug candidates. The tert-butylphenyl group enhances stability and selectivity during reactions, making it suitable for creating aryl-aryl bonds in sensitive or intricate chemical structures. Additionally, it finds application in materials science for developing advanced polymers and electronic materials due to its ability to introduce boron functionalities into organic frameworks.