This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the development of complex organic molecules. Additionally, it is utilized in the synthesis of pyridine derivatives, which are important in drug discovery and material science. Its applications also extend to the creation of advanced materials and catalysts, contributing to innovations in chemical research and industrial processes.