This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for creating complex organic molecules, such as pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Additionally, it is employed in the development of sensors and diagnostic tools due to its ability to interact with diols and other biologically relevant molecules. Its isopentyloxy group enhances solubility and stability in various organic solvents, making it suitable for diverse synthetic applications.