B-2-Dibenzofuranylboronic acid is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. This reaction is widely employed in the pharmaceutical industry to create complex organic compounds, including active pharmaceutical ingredients (APIs). The compound serves as a key building block in the synthesis of various heterocyclic compounds, which are essential in drug development. Additionally, it is used in material science for the preparation of organic electronic materials, such as organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs), due to its ability to form stable conjugated systems. Its application extends to the development of sensors and catalysts, where it acts as a ligand or intermediate in catalytic processes.