Used as a reagent in organic synthesis, particularly in cross-coupling reactions to introduce the 3,4-dimethoxybenzyl group into various organic compounds. It is valuable in the preparation of pharmaceuticals and fine chemicals, where it aids in the formation of complex molecular structures. The compound is often employed in palladium-catalyzed reactions, such as the Negishi coupling, to create carbon-carbon bonds efficiently. Its stability and reactivity make it a preferred choice for synthesizing intermediates in drug discovery and development. Additionally, it is utilized in the production of agrochemicals and specialty materials, contributing to advancements in these fields.