This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key reagent for forming carbon-carbon bonds. Its boronic acid group reacts with aryl or vinyl halides in the presence of a palladium catalyst, enabling the construction of complex organic molecules. This makes it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the development of bioactive compounds and fine chemicals, where precise molecular structures are essential. Its stability and reactivity under mild conditions make it a versatile tool in modern synthetic chemistry.