This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronic ester functional group makes it a valuable reagent for forming carbon-carbon bonds, enabling the construction of complex organic molecules. It is often employed in the pharmaceutical industry for the synthesis of drug intermediates, where precise molecular architecture is crucial. Additionally, it finds use in materials science for developing advanced polymers and electronic materials, leveraging its ability to introduce thiazole and methoxyphenyl moieties into target structures. Its stability and reactivity under mild conditions make it a preferred choice for chemists working on fine chemical synthesis.