This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group makes it a valuable intermediate for constructing complex organic molecules, especially in pharmaceutical and material science research. The cyclopropyl group adds structural diversity, enabling the creation of compounds with unique properties. Additionally, the presence of the methanol group allows for further functionalization, making it versatile in designing polymers, ligands, or bioactive molecules. Its applications extend to the development of advanced materials, including organic electronics and liquid crystals, due to its ability to form stable and precise molecular architectures.