This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronic acid functional group enables it to act as a key reagent in forming carbon-carbon bonds, which is essential in creating complex organic molecules. The tert-butyl and piperidinyl groups enhance its stability and solubility, making it suitable for use in various solvents. It is often employed in the pharmaceutical industry for the development of drug candidates, especially those requiring precise molecular architectures. Additionally, its structural features make it a valuable intermediate in the synthesis of agrochemicals and advanced materials.