Used primarily in organic synthesis, this chemical serves as a key reagent in cross-coupling reactions, enabling the formation of carbon-carbon and carbon-heteroatom bonds. It is particularly valuable in the preparation of pharmaceuticals and agrochemicals due to its ability to facilitate efficient and selective transformations. Additionally, it is employed in the development of advanced materials, such as organic semiconductors, where precise molecular control is essential. Its stability and reactivity make it a versatile tool in catalytic processes.