Used primarily as an antioxidant in the rubber industry, it helps to prevent the degradation of rubber products caused by heat, oxygen, and ozone exposure. This chemical is particularly effective in extending the lifespan of tires, belts, and other rubber components by inhibiting the oxidation process that leads to cracking and hardening. Additionally, it finds application in the stabilization of certain polymers and plastics, enhancing their durability and performance under harsh environmental conditions. Its role in maintaining the integrity of rubber and plastic materials makes it valuable in automotive, industrial, and manufacturing sectors.