This compound is widely used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. Its boronate ester group makes it a valuable intermediate for constructing complex organic molecules, especially in the pharmaceutical industry for developing drug candidates. It is also employed in material science for creating advanced polymers and organic electronic materials. Additionally, it serves as a key reagent in the synthesis of heterocyclic compounds, which are essential in agrochemical and medicinal chemistry research. Its stability and reactivity make it a preferred choice for functionalizing quinoline derivatives in various chemical processes.