Strontium acetylacetonate hydrate is widely used in materials science and nanotechnology. It serves as a precursor in the synthesis of strontium-based thin films and coatings, which are essential in the production of electronic devices, such as capacitors and sensors. Additionally, it is employed in the fabrication of perovskite materials, particularly in the development of solar cells, where it enhances efficiency and stability. The compound is also utilized in catalysis, aiding in various chemical reactions, including polymerization processes. Its role in the preparation of nanomaterials further highlights its importance in advancing research and industrial applications.