Used as a catalyst in olefin polymerization reactions, particularly for the production of polyethylene and copolymers with alpha-olefins. Exhibits high thermal stability and activity under mild conditions, making it suitable for industrial processes where controlled polymer architecture is required, including precise control over polymer density, flexibility, and melting point for specialty plastics. Often employed with aluminum-based cocatalysts, such as methylaluminoxane, to enhance reaction efficiency. Also applied in research for developing advanced late-transition-metal catalysts with improved selectivity and efficiency.