This chemical is primarily used as a coupling reagent in peptide synthesis. It facilitates the formation of peptide bonds between amino acids, making it essential in the production of peptides and proteins in laboratory settings. Its high reactivity and efficiency make it suitable for solid-phase peptide synthesis, where it helps in the stepwise assembly of peptide chains. Additionally, it is employed in organic synthesis for the formation of amide bonds, which are critical in the development of pharmaceuticals and bioactive compounds. Its stability and compatibility with various solvents and reagents further enhance its utility in complex chemical reactions.