This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid functional group enables the formation of carbon-carbon bonds, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. It serves as a key intermediate in the synthesis of complex organic molecules, including biologically active compounds. Additionally, it is employed in the development of ligands for catalysis and in the preparation of functionalized pyridine derivatives, which are widely used in medicinal chemistry and material science.