This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction, where it serves as a key intermediate for forming carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the development of bioactive molecules and as a building block in medicinal chemistry for creating compounds with potential therapeutic applications. Its cyclopropyl group can impart unique steric and electronic properties, enhancing the specificity and stability of the resulting compounds.