This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and advanced materials. Its cyclopropyl and phenyl groups contribute to the structural complexity of target molecules, enabling the creation of compounds with specific biological or physical properties. The boronic acid functional group facilitates the formation of carbon-carbon bonds, making it valuable in the development of complex organic molecules. Additionally, it is used in the synthesis of ligands for catalysis and in the preparation of polymers with tailored characteristics. Its application extends to research and development in medicinal chemistry, where it aids in the design of novel drug candidates.