This compound is widely used in organic synthesis as a reagent for the Wittig reaction, facilitating the formation of alkenes from aldehydes and ketones. It is particularly valuable in the preparation of complex organic molecules, including pharmaceuticals and natural products, due to its ability to create carbon-carbon double bonds with high selectivity. Additionally, it serves as a key intermediate in the synthesis of various heterocyclic compounds, contributing to the development of materials with potential applications in electronics and optoelectronics. Its role in generating functionalized alkenes also makes it useful in polymer chemistry for designing specialized polymeric materials.