This compound is primarily utilized in organic synthesis as a key intermediate in the preparation of more complex molecules. Its boronate ester functionality makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. The presence of the ethoxycarbonylmethyl group enhances its reactivity and versatility in forming carbon-carbon bonds. Additionally, it is often used in the development of bioactive compounds and in the modification of organic frameworks for material science applications. Its stability and reactivity under mild conditions make it a preferred choice in various catalytic and synthetic processes.