This chemical is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key reagent for forming carbon-carbon bonds, enabling the creation of complex biphenyl structures. Its vinyl boronic acid group facilitates the coupling with aryl halides, making it valuable in pharmaceutical and material science research. Additionally, it is utilized in the development of organic electronic materials and as a building block for constructing advanced polymers and small molecules. Its stability and reactivity make it a preferred choice in catalytic processes.