This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key building block for creating complex organic molecules. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is utilized in the development of sensors and probes due to its ability to interact with diols and other functional groups, making it useful in biochemical and analytical applications. Its formyl and methoxy groups also provide sites for further functionalization, enhancing its versatility in synthetic chemistry.