This chemical is primarily 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 pharmaceutical and material science industries. Its boronate ester structure makes it a valuable reagent for forming carbon-carbon bonds, enabling the synthesis of biaryl compounds, which are essential in drug development and advanced materials. Additionally, it is utilized in the preparation of organic electronic materials, such as OLEDs and semiconductors, due to its ability to facilitate precise molecular design and functionalization.