This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions, where it serves as a key intermediate for constructing complex molecules. Its boronic acid group enables efficient participation in Suzuki-Miyaura reactions, making it valuable for creating carbon-carbon bonds in pharmaceuticals and agrochemicals. Additionally, it is employed in the development of biologically active compounds, including potential drug candidates, due to its ability to interact with various biological targets. Its sulfonyl group further enhances its utility in medicinal chemistry by improving solubility and bioavailability. Researchers also explore its use in materials science for designing advanced polymers and sensors.