This chemical is primarily used as an electrolyte additive in lithium-ion batteries. It enhances the stability and performance of the battery by improving the solid electrolyte interface (SEI) layer on the anode. This results in better cycling efficiency, increased lifespan, and improved safety under high voltage or temperature conditions. Additionally, it helps reduce gas generation during battery operation, which is crucial for maintaining the integrity and longevity of the battery system. Its application is particularly valuable in advanced energy storage systems, such as those used in electric vehicles and renewable energy storage solutions. Furthermore, it is being studied for use in chemical synthesis processes as a high-efficiency catalyst.