This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals and agrochemicals. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the development of drugs targeting various diseases. Additionally, it is employed in material science for the synthesis of advanced polymers and functional materials. Its cyclopropyl and piperidinyl groups contribute to its stability and reactivity, enhancing its utility in diverse chemical processes.