This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a boronic acid reagent to form carbon-carbon bonds. Its hexylcarbamoyl group enhances solubility in organic solvents, making it suitable for reactions in non-aqueous environments. It is also employed in the development of pharmaceuticals and agrochemicals, where it serves as a key intermediate for constructing complex molecules. Additionally, its boronic acid moiety is valuable in the design of sensors and probes for detecting sugars and other diol-containing compounds, leveraging its ability to form reversible complexes with such molecules.