This chemical 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 enables efficient coupling with aryl or vinyl halides in the presence of a palladium catalyst, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the development of organic light-emitting diodes (OLEDs) and other electronic materials due to its ability to modify and stabilize molecular structures. Its tert-butoxymethyl group provides steric protection, enhancing selectivity and stability in various synthetic processes.