This compound is primarily used as a phase transfer catalyst in organic synthesis. It facilitates the transfer of reactants between immiscible phases, enhancing reaction rates and yields. It is particularly effective in nucleophilic substitution reactions, where it helps in the smooth transfer of anions from the aqueous phase to the organic phase. Additionally, it finds application in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals, by improving the efficiency of multi-phase reactions. Its unique structure, with multiple oxygen atoms, makes it highly soluble in both polar and non-polar solvents, broadening its utility in various chemical processes.