This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its structure, featuring a boronate ester group, makes it a valuable reagent for forming carbon-carbon bonds, which is essential in the production of pharmaceuticals, agrochemicals, and advanced materials. The phenylanthracene moiety enhances its stability and reactivity, making it suitable for applications in the development of organic electronic materials, including organic light-emitting diodes (OLEDs) and semiconductors. Additionally, its unique properties are leveraged in the synthesis of complex organic molecules for research and industrial purposes.