This compound is primarily utilized in the field of organic synthesis, particularly in cross-coupling reactions. Its boronate ester functional group makes it a valuable intermediate in Suzuki-Miyaura coupling, a widely used method for forming carbon-carbon bonds. This reaction is essential in the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. The compound’s structure allows for selective modifications, enabling the creation of diverse chemical entities with potential biological activity. Additionally, it is employed in the development of boron-containing compounds, which are increasingly studied for their applications in medicinal chemistry and drug discovery. Its stability and reactivity make it a versatile tool in modern synthetic chemistry.