This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronate ester group makes it a valuable reagent for forming carbon-carbon bonds, enabling the construction of complex organic molecules. It is often employed in the pharmaceutical industry to synthesize drug intermediates, as well as in materials science for creating advanced polymers and organic electronic materials. The bromopropoxy group enhances its reactivity and versatility in various coupling reactions, making it a useful building block in the development of bioactive compounds and functional materials.