Used as a key intermediate in the synthesis of boron-containing compounds, particularly in the development of organic electronic materials. It plays a role in the production of polymers and coatings with enhanced thermal stability and optical properties. Applied in the creation of advanced materials for optoelectronic devices, such as OLEDs and solar cells. Also utilized in research for designing boron-based catalysts and reagents in organic synthesis. Its unique structure contributes to the development of novel materials with potential applications in nanotechnology and photonics.