Used as an intermediate in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic ester functionality makes it valuable for forming carbon-carbon bonds in complex molecule construction. Additionally, it serves as a building block in the development of bioactive compounds and polymers, contributing to advancements in drug discovery and material science. Its stability and reactivity under mild conditions make it a preferred choice in various catalytic processes.