Used as a versatile reagent in organic synthesis, particularly as a coupling partner in Suzuki-Miyaura cross-coupling reactions for the formation of carbon-carbon bonds. It enables the creation of complex organic molecules by transferring the aryl group from boron. Its applications extend to the development of pharmaceuticals, agrochemicals, and advanced materials. The compound is also employed in catalytic systems for selective transformations, enhancing efficiency in synthetic pathways. Its stability and reactivity make it a valuable tool in modern synthetic chemistry.