Used as a precursor in the synthesis of samarium-based catalysts, luminescent materials, and high-performance magnets such as SmCo alloys employed in motors, generators, and electronics requiring high efficiency in harsh environments. Employed in the preparation of specialty glasses and ceramics with enhanced optical properties, magnetic properties, and high-temperature stability. Applied in research for developing phosphors in lighting and display technologies. Also utilized in the production of samarium-containing thin films for electronic applications. Its solubility makes it suitable for solution-based processes in material science, nanotechnology, and advanced ceramics.