This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, which is widely employed in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronate ester group makes it a valuable intermediate for constructing complex organic molecules, especially in the development of active pharmaceutical ingredients (APIs) and fine chemicals. Additionally, it can be utilized in the synthesis of polymers and organic electronic materials, where precise molecular structures are critical for performance. Its role in facilitating the formation of carbon-carbon bonds makes it essential in modern synthetic chemistry.