Used as a catalyst in various organic reactions, including hydrogenation, oxidation, and isomerization processes. It is also employed in the synthesis of fine chemicals and pharmaceuticals. In material science, it serves as a precursor for producing ruthenium-based thin films and coatings, which are utilized in electronic and optical devices. Additionally, it plays a role in the preparation of ruthenium complexes for research in coordination chemistry and catalysis. Its application extends to electrochemical studies, where it aids in the development of advanced electrode materials.