This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling. Its boronic acid functional group enables the formation of carbon-carbon bonds, making it valuable for constructing complex organic molecules, including pharmaceuticals and agrochemicals. The piperidine moiety enhances its solubility and reactivity in various organic solvents, facilitating its use in drug discovery and development. Additionally, it serves as a key intermediate in the synthesis of biologically active compounds, contributing to the creation of potential therapeutic agents targeting specific diseases.