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 compounds, including pharmaceuticals and agrochemicals. Its boronic acid group facilitates the formation of carbon-carbon bonds, making it valuable in the synthesis of biologically active molecules. Additionally, it is employed in the development of advanced materials and polymers, where its unique structure contributes to tailored properties. Its cyclopropyl group enhances stability and reactivity in various chemical transformations.