This chemical is primarily utilized in organic synthesis as a reagent for activating carboxylic acids, enabling the formation of amides, esters, and other derivatives. It is particularly effective in peptide coupling reactions, where it facilitates the formation of peptide bonds between amino acids. Additionally, it is employed in the synthesis of heterocyclic compounds, contributing to the development of pharmaceuticals and agrochemicals. Its stability and reactivity make it a valuable tool in laboratories focused on developing new chemical entities and optimizing synthetic pathways.