This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group enables the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. It serves as a versatile intermediate in the creation of complex molecules, often contributing to the synthesis of biologically active compounds. Additionally, its pyrazole and tetrahydropyran moieties enhance its stability and reactivity, making it suitable for use in medicinal chemistry for drug discovery and development.