This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals and agrochemicals. The boronic acid group enables the formation of carbon-carbon bonds, making it valuable in constructing biologically active compounds. Additionally, the tert-butoxycarbonyl (Boc) protecting group ensures selective reactivity during multi-step synthesis processes. Its application extends to materials science, where it aids in the development of advanced polymers and functional materials.