Used primarily as an intermediate in the synthesis of polycarbonate plastics and epoxy resins. It serves as a key building block in the production of high-performance polymers that require thermal stability and mechanical strength. Commonly found in the manufacturing of electronic components, coatings, adhesives, and flame-retardant materials. Also utilized in the development of certain specialty chemicals for industrial applications. Its reactivity allows for cross-linking in polymer systems, enhancing durability and chemical resistance in final products.