This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex organic molecules, often in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl or vinyl halides, facilitating the formation of carbon-carbon bonds. Additionally, it may be employed in the synthesis of advanced materials, such as polymers or liquid crystals, where precise molecular architecture is required. Its cyclopropyl and methoxycarbonyl substituents contribute to its versatility in designing molecules with specific steric and electronic properties.