This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate for constructing complex molecules, especially in pharmaceuticals and agrochemicals. The boronate ester group in its structure enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. It is also employed in the development of boron-containing compounds for drug discovery, where its sulfonamide moiety can enhance biological activity or improve solubility. Additionally, it finds use in material science for creating advanced polymers or functionalized surfaces. Its stability and reactivity make it a valuable reagent in research and industrial applications.