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 aryl or vinyl halides in the presence of a palladium catalyst. This reactivity makes it valuable in pharmaceutical, agrochemical, and materials science research for constructing complex organic molecules. Its stability and ease of handling enhance its utility in laboratory and industrial settings.