This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex organic molecules, especially in the pharmaceutical and agrochemical industries. The boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biaryl compounds, which are essential in drug development. Additionally, its methoxymethyl group can enhance solubility and reactivity, making it valuable in designing compounds with specific biological activities. It is also employed in material science for creating advanced polymers and organic electronic materials.