Used as a precursor in the synthesis of niobium-based catalysts and ceramic materials. Employed in the production of niobium oxide films for optical coatings and electronic components due to its ability to decompose into high-purity oxides at elevated temperatures. Also applied in sol-gel processes for creating nanostructured materials with controlled morphology. Its chelated structure enhances solubility and stability in polar solvents, making it suitable for thin-film deposition techniques.