This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic ester reagent, enabling the formation of carbon-carbon bonds in the presence of a palladium catalyst. Its tert-butyldimethylsilyl (TBDMS) protecting group enhances stability and selectivity during reactions, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The compound is also utilized in the development of advanced materials and fine chemicals, where precise control over molecular structure is essential. Its application is favored in research and industrial settings for its efficiency and reliability in creating diverse chemical architectures.