This chemical is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the synthesis of various biologically active compounds due to the presence of the boronate ester group, which is valuable in Suzuki-Miyaura cross-coupling reactions. These reactions are essential for forming carbon-carbon bonds, enabling the creation of complex organic molecules. Additionally, the dimethylurea moiety in the compound can contribute to its potential use in the design of herbicides or plant growth regulators, where such structures are often explored for their efficacy in controlling weed growth or enhancing crop yield. Its specific structure makes it a versatile building block in the synthesis of molecules with potential applications in medicinal chemistry and agriculture.