Used as a key intermediate in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds for constructing complex organic molecules. Its boronic acid functionality allows it to react with aryl or vinyl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical research for building heterocyclic frameworks. The dihydropyran ring offers a handle for further functionalization or ring modification, useful in the development of bioactive compounds and functional materials.