This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group enables it to act as a key intermediate in the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its urea moiety can contribute to hydrogen bonding interactions, which may be exploited in the design of molecular recognition systems or bioactive compounds. Its stability and reactivity under mild conditions make it a versatile tool in medicinal chemistry and material science research.