This chemical is primarily utilized in organic synthesis as a versatile building block, particularly in the preparation of boron-containing compounds. It serves as a key reagent in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Its vinyl group allows for further functionalization, making it valuable in creating complex molecular structures. Additionally, it is used in the development of polymers and coatings, where its boronate ester functionality can enhance stability and performance. Its role in catalysis and material science research further underscores its importance in modern chemistry.