This chemical is primarily used in organic synthesis as a versatile boron reagent. It is particularly valuable in cross-coupling reactions, such as Suzuki-Miyaura coupling, where it facilitates the formation of carbon-carbon bonds. Its stability and reactivity make it a preferred choice for introducing boron-containing groups into organic molecules, which are essential intermediates in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the synthesis of complex organic compounds, including natural products and polymers, due to its ability to act as a protective group or a functional handle in multi-step reactions. Its applications extend to materials science, where it contributes to the development of novel organic electronic materials and catalysts.