Used primarily as an antioxidant in rubber and polymer materials, this compound helps prevent degradation caused by oxygen and ozone exposure, especially in tires and industrial rubber goods. It protects against cracking, hardening, and loss of tensile strength, extending the service life of rubber products. Also employed in lubricants and greases to inhibit oxidation and reduce sludge formation, improving performance and longevity under high-temperature conditions. Its stabilizing properties make it suitable for use in adhesives and sealants where long-term durability is required.