Ir solution, often containing iridium compounds, is widely used in various industrial and scientific applications due to its unique catalytic and electrochemical properties. In the chemical industry, it serves as a catalyst in hydrogenation and oxidation reactions, enhancing the efficiency of processes like the production of fine chemicals and pharmaceuticals. It is also employed in the synthesis of specialty materials, such as high-performance polymers and coatings, where its stability and reactivity are crucial. In electrochemistry, Ir solution is utilized in the fabrication of electrodes for water electrolysis and fuel cells, where it improves durability and performance under harsh conditions. Additionally, it plays a role in the development of advanced sensors and analytical instruments, contributing to precise measurements in environmental monitoring and medical diagnostics. Its application in research and development further extends to nanotechnology, where it aids in the creation of nanostructures with tailored properties for electronic and optical devices.