This compound is primarily utilized in organic synthesis as a key intermediate for the preparation of various biologically active molecules. Its boronate ester functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the pharmaceutical industry to construct complex aromatic structures. Additionally, it serves as a precursor in the development of sulfonamide-based drugs, which are known for their antimicrobial and anti-inflammatory properties. The compound’s stability and reactivity also make it suitable for use in material science, particularly in the synthesis of advanced polymers and organic electronic materials.