This chemical 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 pharmaceutical and agrochemical industries. Its boronate ester group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. This compound is also utilized in the development of advanced materials, such as polymers and liquid crystals, due to its ability to introduce styrene moieties into molecular frameworks. Additionally, it finds applications in the synthesis of bioactive compounds and in research focused on creating novel organic electronic materials.