Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds by incorporating the 1-methylnaphthalen-2-yl group in pharmaceutical and agrochemical development. Its boronic acid functionality facilitates palladium-catalyzed coupling with aryl halides, making it valuable for creating complex aromatic systems featuring substituted naphthalene motifs in drug discovery, bioactive compounds such as anti-cancer agents or antimicrobials, and materials science applications like organic electronics (e.g., OLEDs) and chemical sensors.