This chemical is widely used as a catalyst in various organic synthesis reactions, particularly in hydrogenation processes. It facilitates the addition of hydrogen to unsaturated compounds, such as alkenes, alkynes, and nitro groups, converting them into saturated compounds like alkanes or amines. Its application is crucial in the pharmaceutical industry for the production of active pharmaceutical ingredients (APIs) and intermediates. Additionally, it is employed in the fine chemicals sector for synthesizing specialty chemicals. The unreduced form ensures controlled reactivity, making it suitable for selective hydrogenation reactions where specific functional groups need to be targeted without affecting others in the molecule. Its moisture content helps maintain stability and prevents premature activation during storage and handling.