This chemical is primarily used in organic synthesis as a key intermediate in the preparation of complex molecules, particularly in the field of pharmaceuticals. Its boronate ester group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in drug development. The piperidine moiety enhances its versatility, allowing it to be incorporated into various bioactive compounds, including potential therapeutic agents targeting neurological disorders. Additionally, its structure is beneficial in the design of materials for organic electronics, where precise molecular engineering is crucial for optimizing performance.