Cobalt (Ⅲ) acetylacetonate is widely used as a catalyst in various organic synthesis processes, particularly in oxidation reactions and polymerization. It plays a key role in the production of polymers, such as polyesters and polyurethanes, by accelerating the curing process and improving material properties. Additionally, it is employed in the fabrication of thin films and coatings through chemical vapor deposition (CVD) techniques, enhancing the durability and performance of electronic and optical devices. In research, it serves as a precursor for synthesizing cobalt-based nanomaterials, which are utilized in energy storage systems like batteries and supercapacitors. Its application extends to the field of magnetism, where it contributes to the development of magnetic nanoparticles for data storage and biomedical imaging.