This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex organic molecules, especially in the pharmaceutical and agrochemical industries. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of biaryl compounds, which are essential in drug development. Additionally, the presence of methoxy groups enhances its reactivity and selectivity in various catalytic processes. It is also employed in the synthesis of advanced materials, such as organic semiconductors and polymers, due to its ability to form stable covalent bonds with other organic moieties.