This compound is primarily utilized in organic synthesis as a key intermediate or building block. Its boronic acid functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the formation of carbon-carbon bonds, particularly in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. The piperidine moiety in its structure can contribute to its potential use in the development of bioactive molecules, as piperidine derivatives are often found in compounds with therapeutic properties. Additionally, its structural features may be explored in the design of ligands for catalysis or in the development of sensors due to the boronic acid group's ability to interact with diols and other analytes.