This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester functionality makes it a valuable intermediate for constructing complex organic molecules, especially in pharmaceuticals and materials science. The cyclopropyl group adds steric and electronic properties that can influence the reactivity and stability of the final product. It is often employed in the development of bioactive compounds, agrochemicals, and advanced materials due to its ability to form carbon-carbon bonds efficiently. Additionally, its structure allows for further functionalization, making it versatile in designing tailored molecular architectures.