Widely used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura coupling, enabling the formation of carbon-carbon bonds. It serves as a source of boron, transferring boronate groups to organic substrates under mild conditions. Commonly applied in the preparation of biaryl compounds, which are important in pharmaceuticals, agrochemicals, and materials science. Its stability and ease of handling make it a preferred reagent in both academic and industrial research settings. Also used in borylation reactions to modify heteroarenes and alkenes, expanding access to functionalized building blocks for drug discovery and advanced materials.