This chemical is primarily used as an intermediate in organic synthesis, particularly in the production of specialty chemicals and polymers. It serves as a key building block in the manufacture of crosslinking agents, which are essential in creating durable and heat-resistant materials. Additionally, it is utilized in the development of certain types of resins and coatings, providing enhanced mechanical and chemical properties. Its role in the synthesis of advanced materials makes it valuable in industries such as automotive, electronics, and construction, where high-performance materials are required.