Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various pharmaceuticals and agrochemicals. Its boronic acid group facilitates cross-coupling reactions, such as Suzuki-Miyaura reactions, which are crucial for forming carbon-carbon bonds in complex molecules. Additionally, the tetrahydropyranyl group acts as a protective group for hydroxyl functionalities, enhancing the compound's utility in multi-step synthetic processes. This chemical is also employed in the development of sensors and materials for detecting and capturing specific molecules due to its ability to form reversible covalent bonds with diols and other suitable substrates.