This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables it to act as a key intermediate in the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its piperidine moiety contributes to its potential use in designing bioactive molecules, including drug candidates targeting neurological or metabolic disorders. Its structural features also make it a suitable building block for constructing complex heterocyclic compounds in medicinal chemistry research.