This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. Its boronic ester group acts as a key functional moiety, enabling the formation of carbon-carbon bonds with various aryl or vinyl halides. This makes it valuable in the construction of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its stability and reactivity under mild conditions make it a preferred choice for researchers and industrial chemists aiming to develop novel compounds with specific properties. Additionally, its piperidine moiety can contribute to the biological activity of the final products, making it relevant in drug discovery and development processes.