This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group makes it a valuable building block for constructing complex molecules, especially in the pharmaceutical industry where it can be used to develop drug candidates. The cyclopropyl and piperidinyl groups enhance its potential in creating compounds with specific biological activities, such as enzyme inhibition or receptor modulation. Additionally, it may find applications in material science for designing advanced polymers or functionalized surfaces. Its structural features allow for versatility in synthetic pathways, making it a useful intermediate in research and industrial chemistry.