Used primarily as a catalyst in organic synthesis, especially in polymerization reactions. It facilitates crosslinking in silicone curing systems, making it valuable in the production of heat-resistant silicones and specialty coatings. Also employed in antimicrobial formulations due to silver’s biocidal properties, suitable for coatings and industrial preservation. Its solubility in organic solvents makes it ideal for use in fuel additives and lubricants to reduce deposits and improve performance. Additionally, it acts as a precursor in the synthesis of silver nanoparticles for electronics and conductive inks.