This chemical is primarily used as a catalyst in various organic synthesis reactions due to its copper(II) center, which facilitates electron transfer processes. It is particularly effective in oxidation reactions, where it helps in the conversion of alcohols to aldehydes or ketones. Additionally, it is employed in the synthesis of heterocyclic compounds, which are crucial in the development of pharmaceuticals and agrochemicals. Its unique structure also makes it suitable for use in coordination chemistry studies, where it helps in understanding metal-ligand interactions. Furthermore, it has potential applications in material science, particularly in the development of metal-organic frameworks (MOFs) with specific catalytic or adsorption properties.