Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in organic synthesis. Its primary application is in the preparation of complex organic molecules, especially in pharmaceuticals, agrochemicals, and advanced materials. The octylphenyl group enhances solubility in organic solvents, improving reaction efficiency in non-polar environments. It serves as a stable, sterically hindered boronate ester that facilitates selective coupling, making it valuable in late-stage functionalization of aromatic systems.