This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex organic molecules, especially in the development of pharmaceuticals and advanced materials. Its boronic ester group enables efficient coupling with aryl halides, making it valuable in the production of biaryl compounds. Additionally, it is employed in the synthesis of organic electronic materials, such as polymers and small molecules for OLEDs and photovoltaic devices, due to its ability to form stable conjugated systems. The tert-butyl group enhances solubility and processability in various organic solvents, facilitating its use in industrial applications.