This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group serves as a key functional moiety, enabling the formation of carbon-carbon bonds in the presence of a palladium catalyst. This makes it valuable in the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Additionally, its tetrahydropyranyl-protected hydroxyl group allows for selective deprotection, offering versatility in multi-step synthetic routes. The compound is also employed in the development of boron-containing compounds for applications in medicinal chemistry and material science.