Used as an antioxidant and antiozonant in the rubber industry, particularly in tires and rubber products exposed to outdoor environments. It protects rubber from degradation caused by oxygen and ozone, extending the service life of rubber products. Also serves as an intermediate in the synthesis of pharmaceuticals, including antihypertensive and antiviral drugs. Additionally, it functions as a corrosion inhibitor in metal protection and can be used in some agrochemical formulations.