This compound is primarily used in organic synthesis, particularly in the development of boron-containing molecules. Its structure, featuring a dioxaborolane group, makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. The chloroethyl group enhances its reactivity, allowing it to serve as a versatile intermediate in the construction of complex organic frameworks. Additionally, its urea moiety can participate in hydrogen bonding, making it useful in the design of molecular recognition systems or supramolecular chemistry. Overall, this chemical plays a significant role in medicinal chemistry and material science research.