This chemical is primarily utilized as a high-performance antioxidant in the polymer industry. It is effective in stabilizing plastics and synthetic rubbers against thermal degradation and oxidative stress, which extends their lifespan and maintains their mechanical properties. The compound is particularly valued in the production of polyolefins, such as polyethylene and polypropylene, where it helps prevent discoloration and embrittlement during processing and end-use. Additionally, it finds application in the manufacturing of adhesives and coatings, where it enhances durability by protecting against environmental factors like UV radiation and heat. Its unique structure allows it to function efficiently at high temperatures, making it suitable for use in demanding industrial applications.