This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex biaryl structures, which are essential in pharmaceuticals, agrochemicals, and materials science. Its boronic acid group enables efficient coupling with aryl halides, facilitating the production of diverse compounds. Additionally, it is employed in the development of liquid crystals and organic electronic materials due to its ability to form stable and functionalized aromatic systems. Its methoxy group further enhances its reactivity and selectivity in various chemical transformations.