This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic acid reagent, enabling the formation of carbon-carbon bonds, which is essential in creating complex organic molecules. Its application is significant in pharmaceutical research and development, where it aids in the synthesis of drug candidates and bioactive compounds. Additionally, it is utilized in material science for the preparation of advanced materials, including polymers and small organic molecules with specific electronic or structural properties. Its sulfonyl and pyrrolidinyl groups enhance its stability and reactivity, making it a valuable tool in modern synthetic chemistry.