Used as a catalyst in polymerization processes, particularly in the production of polyurethanes and silicone rubbers. It promotes cross-linking and improves curing at room temperature, making it valuable in sealants, adhesives, and coatings. Also serves as a drying agent in alkyd resins for paints and varnishes, accelerating film formation. Its solubility in organic media allows for uniform dispersion in non-aqueous systems, enhancing performance in industrial coatings and elastomers.