Used primarily as a catalyst in organic synthesis, particularly in polymerization reactions. It facilitates the formation of complex organic compounds by accelerating chemical processes. Also employed in the production of specialty coatings and materials, where it enhances durability and performance. In research, it serves as a precursor for developing advanced tin-based materials with unique properties. Its role in cross-coupling reactions is notable for creating carbon-carbon bonds in pharmaceutical and agrochemical manufacturing. Additionally, it finds application in the creation of thin films for electronic and optoelectronic devices, contributing to improved conductivity and efficiency.