This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. The presence of the boronate ester group makes it highly reactive and suitable for forming carbon-carbon bonds, which is essential in constructing diverse molecular structures. Additionally, its aldehyde functionality allows for further derivatization, enabling the synthesis of a wide range of compounds with potential biological or industrial applications. Its use is particularly prominent in medicinal chemistry for designing drug candidates and in material science for developing functional polymers and organic electronic materials.