This chemical is widely used as a precursor in the synthesis of N-heterocyclic carbenes (NHCs), which are essential ligands in organometallic chemistry. These ligands play a crucial role in stabilizing transition metal complexes, particularly in catalytic processes such as olefin metathesis, hydrogenation, and cross-coupling reactions. Its sterically bulky structure enhances the stability and reactivity of the resulting metal complexes, making it valuable in industrial and academic research. Additionally, it finds applications in the development of ionic liquids and as a catalyst in organic synthesis, contributing to advancements in green chemistry and sustainable processes.