Used as a strong oxidizing agent in specialized chemical synthesis, particularly in oxidation reactions where high reactivity under controlled conditions is required. It finds application in research laboratories for the preparation of peroxo complexes and in catalytic systems involving oxygen transfer. Due to its instability and sensitivity, it is handled with care in controlled environments, mainly for experimental purposes rather than industrial scale processes. Its hydrated form helps moderate reactivity, making it slightly safer to handle while maintaining effective oxidative power.