It is commonly used as an intermediate in the synthesis of various organic compounds, particularly in the production of polymers and resins. Its structure allows it to act as a building block for materials that require high thermal stability and chemical resistance. Additionally, it finds application in the development of advanced coatings and adhesives, where its properties enhance durability and performance. In the pharmaceutical industry, it serves as a precursor in the synthesis of certain active pharmaceutical ingredients (APIs), contributing to the creation of drugs with specific therapeutic effects. Its versatility also extends to the field of material science, where it is utilized in the design of specialty chemicals and functional materials.