This chemical is primarily used as a catalyst in the polymerization of olefins, particularly in the production of polyolefins like polyethylene and polypropylene. Its structure allows for high activity and control over the polymerization process, enabling the creation of polymers with specific properties such as molecular weight distribution and tacticity. It is often employed in coordination polymerization processes, contributing to the development of materials with tailored characteristics for various industrial applications, including packaging, automotive components, and construction materials.