This chemical is primarily utilized in organic synthesis as a boron-containing reagent, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a stable and efficient boronate ester, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its cyclobutylmethyl group can introduce specific structural motifs into target compounds, making it valuable in designing molecules with tailored properties. Additionally, its stability and reactivity under mild conditions make it a preferred choice in catalytic processes and functional group transformations.