This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions, where it acts as a key intermediate. Its boronate ester group enables efficient Suzuki-Miyaura coupling, a widely used method for forming carbon-carbon bonds in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, the tetrahydro-2H-pyran (THP) protecting group enhances its stability during synthetic processes, making it suitable for multi-step reactions. Its application extends to the development of complex molecules, including bioactive compounds and polymers, where precise control over molecular structure is essential.