This chemical is widely used in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and organic materials. Its boronate ester group makes it highly reactive and useful for forming carbon-carbon bonds, enabling the creation of complex organic molecules. Additionally, it is employed in the development of conjugated polymers and organic semiconductors, which are essential for electronic devices such as organic light-emitting diodes (OLEDs) and solar cells. Its stability and reactivity make it a valuable tool in advanced chemical research and industrial applications.