This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex organic molecules, especially in the pharmaceutical industry, where it aids in the development of drugs and bioactive compounds. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Additionally, it is employed in material science for designing advanced polymers and functional materials. Its cyclohexylcarbamoyl moiety contributes to enhancing the stability and specificity of the resulting compounds, making it valuable in targeted applications.