Widely used as a catalyst in organic synthesis, particularly in the production of polyurethane foams, where it accelerates the reaction between isocyanates and polyols. It is also employed in the synthesis of pharmaceuticals and agrochemicals due to its ability to facilitate various chemical reactions efficiently. Additionally, it serves as a stabilizer in certain polymer formulations, enhancing their durability and performance. Its application extends to the field of material science, where it is used in the development of advanced coatings and adhesives.