Used as a precursor in the synthesis of ytterbium-containing materials for optical and electronic applications. Employed in metal-organic chemical vapor deposition (MOCVD) to fabricate thin films used in phosphors and luminescent devices. Serves as a catalyst in organic transformations, particularly in reactions requiring Lewis acid conditions. Applied in research for developing lanthanide-based complexes with magnetic or spectroscopic properties. Its high volatility and thermal stability make it suitable for use in high-purity deposition processes.