This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group makes it a valuable intermediate for constructing complex organic molecules, especially in the pharmaceutical and materials science industries. It enables the formation of carbon-carbon bonds, which is essential for creating biologically active compounds or advanced materials. Additionally, its stability and reactivity make it suitable for use in the development of polymers, agrochemicals, and organic electronics. Its pyrrole moiety further enhances its utility in designing heterocyclic compounds with potential applications in drug discovery and functional materials.