This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a valuable building block for constructing complex organic molecules, especially in the pharmaceutical and materials science industries. Its boronic ester group enables efficient coupling with aryl or vinyl halides, facilitating the creation of carbon-carbon bonds. This makes it useful in the development of drugs, agrochemicals, and advanced materials like organic semiconductors. Additionally, its pyrrolidine moiety can enhance solubility and stability in various reaction conditions, broadening its applicability in synthetic chemistry.