Used as a powerful oxidizing agent in organic synthesis, particularly for the conversion of alcohols to aldehydes or ketones. It is also employed in the oxidative cleavage of carbon-carbon double bonds and in the functionalization of hydrocarbons. Commonly applied in the preparation of hypervalent iodine compounds, which are useful in various chemical transformations. Additionally, it serves as a reagent in the synthesis of complex molecules, including natural products and pharmaceuticals, due to its ability to facilitate selective oxidation reactions.