Used in organic synthesis as a key reagent for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the production of pharmaceuticals, agrochemicals, and advanced materials. It serves as a versatile building block for creating complex organic molecules, particularly in the development of drugs and fine chemicals. Additionally, it is employed in material science for modifying surfaces and synthesizing polymers with specific properties. Its boronic acid group allows for selective interactions in biochemical applications, such as sensor development and protein labeling.