Used in organic synthesis as a versatile reagent for introducing boron-containing functional groups into molecules. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic compounds, such as pharmaceuticals and agrochemicals. Additionally, it serves as a key intermediate in the preparation of boronic esters, which are widely employed in materials science and catalysis. Its reactivity with nucleophiles makes it useful for constructing boron-based building blocks in medicinal chemistry and drug discovery.