Used as a catalyst in organic synthesis, particularly in polymerization reactions where it helps in the formation of polymers with specific properties. It is also employed in the production of specialty chemicals, where it facilitates various chemical transformations. In materials science, it plays a role in the deposition of thin films and coatings, enhancing the durability and performance of surfaces. Additionally, it is utilized in the preparation of titanium-based compounds, which are essential in advanced manufacturing and industrial processes.