This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables it to form stable bonds with various aryl or vinyl halides, facilitating the creation of biaryl compounds. These compounds are essential in drug development, where they contribute to the synthesis of active pharmaceutical ingredients (APIs). Additionally, it is employed in material science for designing organic electronic components, such as OLEDs and sensors, due to its ability to modify molecular structures and enhance desired properties. Its methoxymethyl group further enhances solubility and reactivity in specific reaction conditions, making it a versatile reagent in synthetic chemistry.