Used primarily in cross-coupling reactions, this compound serves as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group enables efficient Suzuki-Miyaura coupling, allowing the formation of carbon-carbon bonds under mild conditions. It is especially valuable in constructing pyrazole-containing scaffolds, which are common in bioactive molecules and drug candidates. The presence of the propyl group can influence solubility and reactivity, making it useful in optimizing reaction pathways in medicinal chemistry research.