This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group makes it a valuable intermediate for constructing complex organic molecules, especially in the development of pharmaceuticals, agrochemicals, and advanced materials. It is also employed in the synthesis of organic semiconductors and light-emitting materials, contributing to the production of OLEDs and other optoelectronic devices. Additionally, its fluorene-based structure provides stability and unique electronic properties, making it suitable for applications in polymer chemistry and material science.