This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex organic molecules, especially in the pharmaceutical and agrochemical industries. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for synthesizing compounds with potential biological activity. Additionally, it can be used in material science for creating advanced polymers or functionalized surfaces. Its cyclopropyl group adds steric and electronic complexity, which can be advantageous in designing molecules with specific properties or reactivity.