Used primarily as an antioxidant in industrial applications, this compound prevents degradation of organic materials by inhibiting oxidation. It is commonly added to polymers, synthetic rubbers, and plastics to extend their service life by protecting against thermal and oxidative damage during processing and long-term use. Also employed in lubricants and greases to maintain performance under high-temperature conditions. Its effectiveness in small concentrations makes it suitable for stabilizing fuels and oils, preventing sludge formation and viscosity changes. Additionally, it finds use in adhesives and sealants to improve aging resistance and overall durability.