This chemical is primarily utilized in industrial settings as a key component in the formulation of specialized coatings and paints. Its properties enhance durability and resistance to environmental factors, making it suitable for applications in harsh conditions, such as marine environments or high-temperature settings. Additionally, it is employed in the production of adhesives and sealants, where it improves bonding strength and flexibility. In the manufacturing sector, it serves as an additive in certain plastics and polymers to enhance their mechanical properties and stability. Its versatility also extends to use in corrosion inhibitors, protecting metal surfaces from degradation over time.