This compound is primarily utilized as a catalyst in various organic synthesis reactions, particularly in the field of polymer chemistry. Its robust structure and stability make it suitable for high-temperature reactions, where it facilitates the formation of complex polymers with enhanced properties. Additionally, it is employed in the development of advanced materials, such as ionic liquids, which are used in green chemistry applications due to their low volatility and recyclability. Its unique properties also make it a candidate for use in electrochemical applications, including energy storage devices like batteries and supercapacitors, where it can improve conductivity and stability.