Widely used as a strong oxidizing agent in organic synthesis, particularly in the conversion of alcohols to carbonyl compounds such as aldehydes and ketones. It is especially effective in dehydrogenation reactions, including the oxidation of dihydroaromatic compounds to their fully aromatic counterparts. Commonly employed in the synthesis of steroids, alkaloids, and other complex molecules where selective and efficient oxidation is required. Also utilized in the preparation of conductive polymers and organic semiconductors due to its electron-accepting properties. Its role in analytical chemistry includes use as a derivatization reagent for detecting compounds with active hydrogens.