This chemical is widely used in the production of polymers and coatings due to its ability to enhance flexibility and adhesion. It is a key component in the formulation of UV-curable inks, adhesives, and coatings, providing excellent durability and resistance to environmental factors. Additionally, it is utilized in the synthesis of hydrogels for biomedical applications, such as drug delivery systems and wound dressings, owing to its biocompatibility and water-absorbing properties. Its multifunctional nature also makes it valuable in creating crosslinked networks for advanced materials in electronics and optics.