Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in Suzuki-Miyaura cross-coupling reactions to build complex heterocyclic systems. Its boronic acid functionality enables efficient carbon-carbon bond formation, making it valuable in drug discovery for constructing biologically active molecules. Commonly applied in the development of thiazole-based compounds, which exhibit antimicrobial, antifungal, and insecticidal properties. Also utilized in the preparation of novel functional materials and ligands for catalysis.