This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction, where it serves as a key intermediate for constructing complex organic molecules. Its boronic ester group facilitates the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, the nitro group in its structure can be further modified or reduced, enabling its use in the synthesis of diverse functionalized compounds. Its stability and reactivity make it a preferred choice for researchers working on fine chemical synthesis and drug discovery.