This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical and agrochemical industries. Its boronate ester group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biologically active compounds. Additionally, it is employed in the development of advanced materials, including organic semiconductors and polymers, due to its ability to introduce functional groups into molecular frameworks. Its pyridine and pyrazole moieties also make it a valuable ligand in coordination chemistry, aiding in the design of catalysts and metal-organic frameworks.