This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex molecules, especially in pharmaceutical research. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for developing drug candidates and fine chemicals. Additionally, it may be used in material science for creating advanced polymers or functional materials. Its structure, incorporating cyclopropyl and piperidine moieties, contributes to its versatility in designing bioactive compounds with potential therapeutic applications.