This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex organic molecules, especially in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. The tert-butyldimethylsilyloxy group provides protection for the phenolic hydroxyl group, allowing selective reactions to occur at the boronic acid site. This compound is valuable in the development of bioactive compounds, including drug candidates, due to its ability to form carbon-carbon bonds efficiently. Additionally, it is utilized in the preparation of organic electronic materials, where precise molecular architecture is required.