Used primarily in the production of polymers and copolymers, this chemical acts as a key monomer. Its incorporation into polymer chains enhances properties like adhesion, durability, and chemical resistance, making it valuable in coatings, adhesives, and sealants. It is also utilized in the manufacture of contact lenses and dental materials due to its ability to form clear, stable polymers. Additionally, it finds applications in the development of specialty resins for industrial and medical devices.