Used primarily in the production of high-performance polymers and resins, it acts as a key intermediate in synthesizing materials with excellent thermal stability and mechanical strength. It is also employed in the manufacture of specialty coatings and adhesives, where its chemical structure enhances durability and resistance to environmental factors. Additionally, it finds application in the development of advanced composites for aerospace and automotive industries, contributing to lightweight yet robust materials. Its role in organic synthesis further extends to creating pharmaceuticals and agrochemicals, where it serves as a building block for complex molecules.