This compound is primarily utilized in organic synthesis as a versatile intermediate, particularly in cross-coupling reactions. Its boronate ester functional group makes it valuable in Suzuki-Miyaura coupling, a widely used method for forming carbon-carbon bonds. This reaction is essential in the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Additionally, the tert-butyl and ethyl ester groups provide stability and reactivity, enabling selective transformations in multi-step synthetic pathways. Its application extends to the development of bioactive compounds and functional materials, where precise control over molecular structure is critical.