This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions, where it serves as a key intermediate. Its boronic acid functional group makes it valuable in Suzuki-Miyaura reactions, enabling the formation of carbon-carbon bonds. This is especially useful in the pharmaceutical industry for constructing complex molecules that are often found in drug candidates. Additionally, its structure, featuring a cyclobutyl and piperidinyl moiety, suggests potential applications in medicinal chemistry for designing bioactive compounds targeting specific receptors or enzymes. Its versatility also extends to material science, where it can be employed in the development of novel organic materials.