Used extensively in cross-coupling reactions, particularly in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. Its high stability and efficiency make it a preferred catalyst for Buchwald-Hartwig amination, Suzuki-Miyaura coupling, and other palladium-catalyzed transformations. It enables the formation of carbon-nitrogen and carbon-carbon bonds under mild conditions, enhancing reaction yields and reducing by-products. Additionally, it is employed in the development of advanced materials and fine chemicals, offering precise control over molecular structures. Its robust performance in low catalyst loadings makes it cost-effective for industrial-scale applications.