This chemical is widely used as a powerful oxidizing agent in organic synthesis. It facilitates the conversion of alcohols to carbonyl compounds, such as aldehydes and ketones, with high efficiency. It is also employed in the oxidative cleavage of alkenes to form carbonyl derivatives. Additionally, it plays a key role in the synthesis of heterocyclic compounds and in the functionalization of aromatic rings. Its ability to generate hypervalent iodine species makes it valuable in various oxidative transformations, including the formation of carbon-nitrogen and carbon-oxygen bonds. It is particularly useful in fine chemical synthesis and pharmaceutical research.