Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex biaryl compounds. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in drug discovery and development. Additionally, it is employed in the synthesis of sensors and polymers due to its stability and reactivity. The tert-butoxycarbonyl (Boc) protecting group ensures selective reactions, enhancing its utility in multi-step synthetic processes.