Used as an efficient oxidizing agent in organic synthesis, particularly in the conversion of alcohols to carbonyl compounds. It is valued for its mild reaction conditions and high selectivity, making it suitable for complex molecules that are sensitive to harsher oxidation methods. Commonly employed in pharmaceutical intermediates synthesis where precise control over oxidation state is critical. Also utilized in the preparation of fine chemicals and functionalized aromatic compounds due to its stability and solubility in common organic solvents.