This chemical is primarily used as an intermediate in the synthesis of other organic compounds, particularly in the production of specialty chemicals and polymers. Its unique structure makes it valuable in creating high-performance materials with specific properties, such as enhanced durability or flexibility. Additionally, it is utilized in the development of fuel additives to improve combustion efficiency and reduce engine knocking. In research and industrial settings, it serves as a building block for fine chemicals and advanced materials, contributing to innovations in coatings, adhesives, and elastomers.