This chemical is primarily utilized in the field of organic synthesis and catalysis. It serves as a precursor for the preparation of various titanium-based catalysts, which are essential in polymerization reactions, particularly for olefins. The compound is also employed in the development of advanced materials, including metallocene complexes, which are crucial in producing polymers with specific properties. Additionally, it finds application in research and development for studying organometallic chemistry and exploring new catalytic processes. Its role in facilitating efficient and selective chemical transformations makes it valuable in both industrial and academic settings.