This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex molecules, especially in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Additionally, it is employed in material science for the synthesis of organic electronic materials and polymers. The cyclopropyl and methyl substituents contribute to its stability and reactivity, making it a valuable building block in medicinal chemistry for designing bioactive compounds.