This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in pharmaceutical research and development. The boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. It is also employed in the preparation of biologically active compounds, such as enzyme inhibitors and receptor ligands, due to its ability to interact with specific protein targets. Additionally, it finds use in material science for designing advanced polymers and functionalized surfaces. Its cyclopropyl group contributes to unique steric and electronic properties, enhancing its reactivity and selectivity in various applications.