This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals and agrochemicals. The boronate ester group in its structure makes it highly reactive and useful for forming carbon-carbon bonds, which is essential in creating active pharmaceutical ingredients (APIs). Additionally, it is employed in the development of advanced materials, such as polymers and liquid crystals, due to its ability to introduce functional groups into molecular frameworks. Its pyridine moiety also contributes to its utility in coordination chemistry and catalysis.