Used as an intermediate in organic synthesis, particularly in the preparation of specialty polymers and antioxidants. Its sterically hindered structure makes it valuable in stabilizing reactive intermediates and enhancing thermal stability in polymer systems. Also employed in the development of UV stabilizers for coatings and plastics due to the presence of bulky tert-butyl groups that resist degradation under prolonged light exposure. Additionally, it serves as a building block in the synthesis of pharmaceuticals and agrochemicals where controlled steric hindrance is required for desired reactivity and selectivity.