This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a key building block for constructing complex molecules, especially in pharmaceutical research. Its boronic acid group enables efficient coupling with aryl halides, facilitating the creation of biaryl structures, which are common in drug development. Additionally, it is utilized in material science for designing organic electronic materials and polymers. Its specific structure, with a chlorophenyl group, makes it valuable for introducing chlorine-containing moieties into target molecules, enhancing their properties for various applications.