This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, where it acts as a boronic acid reagent. Its thiophene and piperidine structure make it valuable for constructing complex molecules, especially in the development of pharmaceuticals and agrochemicals. The compound’s boronic acid group enables the formation of carbon-carbon bonds, which is essential in creating biologically active compounds. Additionally, it is used in the synthesis of heterocyclic compounds, which are often explored for their potential therapeutic properties, including anti-inflammatory, antimicrobial, and anticancer activities. Its application also extends to materials science, where it contributes to the development of organic electronic materials and polymers.