This chemical is primarily used as a catalyst in the synthesis of polymers, particularly in polymerization reactions involving epoxides and isocyanates for producing polyurethane foams, coatings, and epoxy resins. It enhances reaction efficiency, speed, mechanical properties, and durability of the final products, making them more resistant to wear and tear. Additionally, it serves as a quality improver in the manufacturing of adhesives, sealants, plastics, and resins, improving bonding strength, flexibility, and overall stability. As a phosphine derivative, it is also useful in various catalytic processes in organic synthesis, aiding in the formation of complex chemical structures.