Used primarily as a strong oxidizing agent in chemical synthesis and laboratory research. It facilitates oxidation reactions due to its high oxygen content and reactivity. Commonly employed in the preparation of other perchlorate compounds and in analytical chemistry for detecting certain metal ions. Its hygroscopic nature makes it useful in moisture-sensitive reactions when controlled conditions are maintained. Also finds use in specialty applications such as pyrotechnics and propellants, where a reliable oxidizer is required. Requires careful handling due to its reactive and potentially explosive characteristics when exposed to organic materials or heat.