Used as a key reagent in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds. Its lipophilic dodecyl chain enhances solubility in nonpolar solvents, making it valuable in the synthesis of long-chain functionalized compounds. Commonly applied in the development of pharmaceuticals, agrochemicals, and advanced materials where controlled boron-based coupling is required. The pinacol ester group provides stability and ease of handling, allowing for selective transformations under mild conditions.