Used extensively in the silicone industry for catalyzing hydrosilylation reactions, which are crucial in the production of silicone rubbers, resins, and fluids. It enhances the cross-linking of silicone polymers, improving their thermal stability, elasticity, and mechanical properties. Commonly applied in the manufacture of adhesives, sealants, and coatings due to its efficiency in promoting rapid curing at room temperature. Also employed in the synthesis of specialty silicones for medical devices, electronics, and automotive components, where precise control over material properties is essential. Its high activity and selectivity make it a preferred catalyst in industrial and research applications.