This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester functional group makes it a valuable intermediate for constructing complex aromatic structures, which are essential in the development of pharmaceuticals, agrochemicals, and organic materials. The compound’s stability and reactivity allow for precise and efficient bond formation, enabling the synthesis of biologically active molecules and advanced polymers. Additionally, it serves as a key building block in the preparation of organic electronic materials, contributing to the development of optoelectronic devices like OLEDs and organic solar cells.