This chemical is primarily used as a co-catalyst or activator in polymerization processes, particularly in the production of polyolefins. It enhances the performance of metallocene catalysts, enabling the synthesis of polymers with specific properties such as high molecular weight and narrow molecular weight distribution. Additionally, it finds application in organic synthesis, where it acts as a Lewis acid to facilitate various chemical reactions, including Friedel-Crafts alkylations and acylations. It is also employed in electrochemical processes, such as lithium-ion batteries, to improve the stability and performance of electrolytes. Its unique structure and properties make it valuable in advanced material research and the development of specialized polymers with enhanced thermal resistance and electrical conductivity.