This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic ester reagent, enabling the formation of carbon-carbon bonds in the production of complex organic molecules. Its methoxy and nitro functional groups enhance its reactivity and selectivity in these reactions, making it valuable in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the development of organic electronic materials due to its stability and compatibility with various reaction conditions.