This chemical is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for creating complex organic molecules, especially in the pharmaceutical industry for drug development. Its boronic ester group enables efficient coupling with aryl halides, facilitating the formation of biaryl structures, which are common in many active pharmaceutical ingredients. Additionally, it finds application in material science for the synthesis of conjugated polymers and organic electronic materials, contributing to advancements in organic light-emitting diodes (OLEDs) and organic photovoltaics. Its cyclopropyl group adds steric and electronic diversity, making it valuable in designing molecules with specific properties.