This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a boronic ester, enabling the formation of carbon-carbon bonds in the production of complex organic molecules. Its application is significant in the pharmaceutical industry, where it aids in the development of drug intermediates and active pharmaceutical ingredients (APIs). Additionally, it is utilized in material science for the synthesis of advanced materials, including polymers and organic electronic components. The methoxy and bromo substituents on the phenyl ring enhance its reactivity and selectivity in various catalytic processes.