Used as a catalyst in organic synthesis, particularly in oxidation and polymerization reactions. It serves as a precursor in the preparation of chromium-containing materials and thin films via chemical vapor deposition. Employed in analytical chemistry as a complexing agent for spectrophotometric determination of metal ions. Also utilized in research for developing luminescent complexes and as a stabilizer in certain polymers. Its low volatility and thermal stability make it suitable for high-temperature applications in controlled environments.