This chemical is primarily utilized 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 the development of pharmaceuticals, agrochemicals, and advanced materials. Its methoxy and sulfonyl groups enhance its reactivity and stability, making it suitable for creating complex aromatic compounds. Additionally, it is used in the preparation of intermediates for bioactive molecules, contributing to drug discovery and development processes.