Used primarily in cross-coupling reactions, this compound serves as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group enables Suzuki-Miyaura coupling, allowing efficient formation of carbon-carbon bonds with aryl or heteroaryl halides. This makes it valuable in constructing complex organic molecules, especially in drug discovery and development. It is also employed in the preparation of functional materials, such as organic semiconductors and ligands for catalysts. The presence of the methoxypropyl group can enhance solubility and influence the electronic properties of the final product, improving reaction efficiency or biological activity.