This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions, where it serves as a key intermediate. Its boronate ester group makes it valuable in Suzuki-Miyaura coupling reactions, enabling the formation of carbon-carbon bonds with high efficiency. This property is especially useful in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its nitro and methoxy substituents contribute to its reactivity, allowing for further functionalization in complex molecular constructions. The compound is often employed in the synthesis of heterocyclic compounds, which are crucial in drug discovery and material science. Its stability and versatility make it a preferred choice for researchers working on fine chemical synthesis and medicinal chemistry projects.