Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex organic compounds. It serves as a key building block in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the development of drug candidates and functional polymers. Additionally, it is employed in the synthesis of thiophene derivatives, which are important in the manufacture of organic semiconductors and electronic devices.