Used primarily in industrial and research settings as a catalyst or reagent in organic synthesis, particularly in phosphorylation reactions. It facilitates the transfer of phosphate groups, making it valuable in the production of nucleotides, phospholipids, and other phosphate-containing compounds. Additionally, it finds application in the development of flame retardants, where it enhances the thermal stability of materials. Its role in polymerization processes is also notable, aiding in the creation of specialized polymers with unique properties. In agriculture, it can be employed as a component in fertilizers to improve phosphorus availability for plants.