Vanadinocene dichloride is primarily utilized in organic synthesis as a catalyst, particularly in polymerization reactions. It is effective in facilitating the formation of polymers from various monomers, contributing to the production of specialized plastics and synthetic materials. Additionally, it is employed in research settings to study organometallic chemistry, helping scientists understand the behavior and reactivity of vanadium complexes. Its role in catalytic processes also extends to certain types of chemical transformations, making it valuable in the development of new synthetic methodologies.