This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for the construction of complex organic molecules, especially in the pharmaceutical industry. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in the development of drug candidates, agrochemicals, and advanced materials. Additionally, its piperidine moiety can contribute to the biological activity of the final compounds, making it useful in medicinal chemistry for designing molecules with potential therapeutic effects.