This compound is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals and advanced materials. Its structure, featuring a urea linkage and a boronate ester group, makes it a valuable intermediate in Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed to form carbon-carbon bonds, essential in creating complex molecules for drug discovery and material science. Additionally, its tert-butylphenyl group enhances stability and solubility, making it suitable for use in various chemical processes and research applications.