This compound is primarily utilized in organic synthesis as a key intermediate for the preparation of various pharmaceuticals and agrochemicals. Its boronate ester functionality makes it valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex molecules. It is particularly useful in the development of bioactive compounds, including potential drug candidates, due to its stability and reactivity. Additionally, it serves as a building block in the synthesis of sulfonamide derivatives, which are widely explored for their therapeutic properties, such as antimicrobial and anti-inflammatory activities. The compound’s structure also lends itself to applications in material science, particularly in the design of organic electronic materials.