This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a key reagent for introducing ethynyl groups into organic molecules, enabling the formation of carbon-carbon bonds. Its boron-containing structure makes it highly effective in catalytic processes, facilitating the creation of complex organic compounds. It is also utilized in the development of pharmaceuticals, agrochemicals, and advanced materials, where precise molecular construction is essential. Additionally, its stability and reactivity make it a valuable tool in research and industrial applications for designing and synthesizing novel compounds.