Used as a reducing agent in organic synthesis, particularly in the reduction of ketones, aldehydes, and nitro compounds. It facilitates selective reductions under mild conditions and is effective in promoting radical reactions. Commonly employed in the preparation of pharmaceuticals and fine chemicals where controlled reduction is required. Also utilized in catalytic systems for polymerization reactions, especially in the production of polyolefins, due to its ability to activate certain metal catalysts. Additionally, it is used in materials science research to prepare low-oxidation-state titanium compounds and as a precursor in the synthesis of other complexes requiring specific magnetic or optical properties. Its solutions are handled under inert atmosphere to prevent oxidation and maintain reactivity.