Used primarily as a stabilizing agent in polymer production, it helps enhance the durability and lifespan of materials by preventing degradation caused by heat and UV exposure. It is also employed in the synthesis of specialty chemicals, where it acts as an intermediate to produce compounds with specific functional properties. In coatings and adhesives, it contributes to improved performance and resistance to environmental factors. Additionally, it finds application in the development of advanced materials for industries such as automotive and construction, where high-performance and long-lasting products are essential.