Used in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling, enabling the formation of carbon-carbon bonds. It serves as a stable and efficient reagent for introducing pyridyl groups into complex molecules, making it valuable in pharmaceutical and agrochemical research. Additionally, it is employed in material science for creating functionalized organic compounds with specific electronic or structural properties. Its trifluoroborate moiety enhances stability and reactivity, making it a preferred choice in various catalytic processes.