This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, the piperidine moiety can enhance the biological activity of the resulting compounds, making it useful in drug discovery and development. It is also employed in the preparation of intermediates for materials science, where its structural features contribute to the design of novel polymers or functional materials.