This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry. Its boronic ester group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in the development of drug candidates, agrochemicals, and advanced materials. Additionally, it is utilized in the synthesis of thiazole-containing compounds, which are often explored for their biological activities, such as antimicrobial and anticancer properties. Its stability and reactivity make it a preferred choice in medicinal chemistry and material science research.