Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of biaryl compounds widely applied in pharmaceuticals and organic electronics. It serves as a boron source in the preparation of boronic esters, which are intermediates in organic synthesis. Commonly employed in the development of advanced materials, including polymers and liquid crystals. Also utilized in medicinal chemistry for the creation of drug candidates and bioactive molecules. Its stability and reactivity make it a valuable tool in catalytic processes and functional group transformations.