This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group makes it a valuable intermediate for constructing carbon-carbon bonds, enabling the formation of complex organic molecules. It is often employed in the development of pharmaceuticals, agrochemicals, and advanced materials, where precise molecular structures are required. Additionally, its cyclopropane and nitrile functionalities contribute to its versatility in designing compounds with specific biological or physical properties. Its stability and reactivity under mild conditions make it a preferred choice in medicinal chemistry and material science research.