This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group serves as a key functional moiety, enabling the formation of carbon-carbon bonds in the construction of complex organic molecules. This makes it valuable in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its benzimidazole moiety contributes to its potential use in the development of biologically active compounds, including drug candidates targeting various diseases. The compound’s stability and reactivity make it a versatile intermediate in medicinal chemistry and material science research.