Used primarily in industrial applications, the compound serves as a crosslinking agent in the formulation of high-performance coatings and resins. It enhances the durability and thermal stability of polymer systems, making it valuable in the production of specialty adhesives and sealants. Its reactivity allows for efficient incorporation into alkyd and polyester resins, improving film formation and resistance to environmental degradation. Additionally, it finds use in modifying surface properties of materials in printing inks and lubricant additives, contributing to improved adhesion and oxidative stability.