This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid functional group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The tert-butoxycarbonyl (Boc) protecting group on the piperidine ring enhances its stability during reactions, allowing selective deprotection when needed. This makes it a versatile intermediate in medicinal chemistry for designing and developing drug candidates. Additionally, its structural features can be tailored for applications in materials science, such as creating functionalized polymers or advanced organic frameworks.