Used as a catalyst in organic synthesis, particularly in the production of polycarbonates and polyurethanes. It is also employed in the manufacturing of specialty chemicals and as a stabilizer in certain polymer processes. In the energy sector, it serves as an electrolyte additive in lithium-ion batteries to enhance performance and longevity. Additionally, it finds application in the preparation of coatings and adhesives, where it improves durability and adhesion properties. Its role in carbon capture and storage technologies is also being explored due to its ability to react with carbon dioxide.