This compound is primarily utilized in organic synthesis as a versatile building block for the preparation of more complex molecules. Its boronic ester functional group makes it particularly valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This reaction is essential in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. The compound’s structure, featuring a chlorophenyl group, also allows it to serve as an intermediate in the development of biologically active compounds, including potential drug candidates targeting specific receptors or enzymes. Additionally, its stability and reactivity make it a useful reagent in the design of organic electronic materials, such as those used in OLEDs or organic photovoltaics.