Used as a catalyst in various organic synthesis reactions, particularly in polymerization and alkylation processes. It facilitates the formation of complex organic compounds by enhancing reaction rates and selectivity. Commonly employed in the production of pharmaceuticals, where it aids in the synthesis of active pharmaceutical ingredients (APIs). Also utilized in the manufacture of specialty chemicals, including resins and adhesives, where it improves the curing process and final product properties. In some cases, it serves as a stabilizer or co-catalyst in industrial chemical reactions, ensuring consistent and efficient production.