This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals and agrochemicals. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for constructing biologically active compounds. Additionally, it is used in material science for developing advanced polymers and electronic materials. Its specific structure, with chloro, bromo, and cyclopropyl substituents, allows for precise modifications in target molecules, enhancing their functionality and efficacy.