Primarily used in the production of high-performance polymers, particularly polycarbonates, which are valued for their transparency, toughness, and heat resistance. These polymers are widely employed in the manufacturing of safety glasses, automotive components, and electronic devices. Additionally, it serves as a key intermediate in the synthesis of flame-retardant materials, enhancing the safety of construction and textile products. Its role in creating durable and resilient coatings also makes it essential in the protective coatings industry for applications requiring long-term stability and resistance to environmental factors.