Olefin metathesis has a broad range of applications in both academic and industrial settings. In academia, it is used for the synthesis of complex organic molecules and the exploration of new chemical reactions. In industry, it is employed in the production of polymers, specialty chemicals, and pharmaceuticals. For example, the metathesis reaction is used in the large-scale production of polypropylene and polyethylene, as well as in the synthesis of drug molecules and other biologically active compounds.