This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key building block for creating complex organic molecules. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of biaryl structures, which are essential in pharmaceuticals, agrochemicals, and materials science. Additionally, it is employed in the development of advanced materials, such as organic semiconductors and polymers, due to its ability to introduce specific functional groups into molecular frameworks. The presence of the methoxy and methyl groups enhances its stability and reactivity, making it a versatile reagent in various chemical transformations.