Used as a reagent in organic synthesis, particularly in the borylation of aromatic compounds, enabling the introduction of boron groups into organic molecules. This process is crucial in the development of pharmaceuticals, agrochemicals, and advanced materials. It also serves as a catalyst or intermediate in cross-coupling reactions, facilitating the formation of carbon-carbon and carbon-heteroatom bonds. Its stability and reactivity make it valuable in creating complex molecular structures for research and industrial applications.