This chemical is primarily used as a key intermediate in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It plays a crucial role in the formation of carbon-carbon bonds, enabling the construction of complex organic molecules. Its boronate ester group makes it highly reactive and suitable for coupling with aryl or vinyl halides, facilitating the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is utilized in the development of organic electronic materials, including polymers and small molecules for applications in OLEDs and other optoelectronic devices. Its stability and reactivity make it a valuable tool in modern synthetic chemistry.