Used as a key 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 boronate ester structure provides stability to the boronic acid functionality, making it a valuable reagent for forming carbon-carbon bonds and enabling the construction of complex organic molecules. Its stability and reactivity make it suitable for use in various catalytic processes, contributing to the development of novel compounds in drug discovery and material science.