This chemical is widely used as a key intermediate in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. It enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its tert-butyldimethylsilyl (TBDMS) protecting group enhances stability during reactions, allowing for selective transformations. Additionally, it is employed in the preparation of functionalized alkenes and other boron-containing compounds, which are essential in medicinal chemistry and material science research.