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 materials science industries. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for producing biaryl compounds, which are essential in drug development and advanced material design. Additionally, it is used in the synthesis of organic electronic materials, contributing to the development of OLEDs and other optoelectronic devices. Its methoxyphenyl group enhances its reactivity and stability in various chemical processes.