This compound is primarily utilized in the field of organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic acid derivative, enabling the formation of carbon-carbon bonds, which is essential in constructing complex organic molecules. Its application is significant in the pharmaceutical industry, where it is used to synthesize active pharmaceutical ingredients (APIs) and intermediates. Additionally, it finds use in material science for the development of advanced organic materials, including polymers and small molecules with specific electronic or optical properties. The isobutyl group in its structure can influence the steric and electronic properties, making it valuable in designing molecules with tailored functionalities.