Used in organic synthesis as a key intermediate for cross-coupling reactions, particularly in Suzuki-Miyaura reactions, to form carbon-carbon bonds. It is valuable in the production of pharmaceuticals, agrochemicals, and fine chemicals. Its stability and reactivity make it suitable for constructing complex organic molecules, including natural products and bioactive compounds. Additionally, it is employed in material science for the development of organic electronic materials and polymers. Its boronate ester group ensures compatibility with various reaction conditions, enhancing its versatility in synthetic applications.