Used primarily in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate for constructing complex molecules. Its boronic acid group facilitates the formation of carbon-carbon bonds, making it valuable in pharmaceutical research for developing new drugs. Additionally, it is employed in material science for creating advanced polymers and coatings. The presence of both carbamoyl and chloro groups enhances its reactivity, allowing for diverse functionalization in chemical processes.