This chemical is primarily utilized in organic synthesis as a versatile building block, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. Its boronate ester group enables the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its piperidin-4-ol moiety contributes to its potential use in the design of bioactive molecules, including drug candidates targeting neurological or metabolic disorders. The compound’s stability and reactivity also make it suitable for use in medicinal chemistry research, where it can serve as an intermediate in the synthesis of complex organic molecules.