Used in organic synthesis as a stable and versatile reagent for cross-coupling reactions, particularly in Suzuki-Miyaura reactions. It facilitates the formation of carbon-carbon bonds between aromatic compounds and vinyl groups, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Its stability and ease of handling make it a preferred choice for introducing isopropenyl groups into complex molecules. Additionally, it is used in chemical research to develop more efficient synthetic methods.