This chemical is widely used as a reagent in organic synthesis, particularly in peptide coupling reactions. It serves as a highly effective activator for carboxyl groups, facilitating the formation of amide bonds between amino acids. Its application is crucial in the production of peptides and proteins, which are essential in pharmaceutical research and drug development. Additionally, it is employed in the synthesis of complex organic molecules, where its stability and reactivity make it a preferred choice. The compound is also utilized in materials science for modifying surfaces and creating specialized polymers. Its role in these processes underscores its importance in advancing both medicinal chemistry and material engineering.