This chemical is primarily utilized as a precursor in the synthesis of N-heterocyclic carbenes (NHCs), which are widely employed as ligands in organometallic chemistry. These ligands are crucial in various catalytic processes, including cross-coupling reactions, olefin metathesis, and hydrogenation reactions. The stability and steric bulk provided by the 2,6-diisopropylphenyl groups make it particularly effective in stabilizing metal centers and enhancing catalytic activity. Additionally, it finds application in the development of ionic liquids and as a catalyst in organic synthesis, where it facilitates the formation of carbon-carbon and carbon-heteroatom bonds. Its role in polymerization reactions, particularly in the production of specialty polymers, is also noteworthy.