This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a boronic acid reagent to form carbon-carbon bonds. Its structure, featuring a boronic acid group, makes it effective for coupling with aryl halides, enabling the synthesis of complex biaryl compounds. These biaryl structures are valuable in pharmaceutical research and the development of bioactive molecules. Additionally, the dimethylamino propoxy group enhances solubility and reactivity in various solvents, facilitating its use in diverse reaction conditions. It is also explored in materials science for creating advanced polymers and functional materials with tailored properties.