Used primarily as a crosslinking agent in the production of polymers, it enhances the durability and stability of materials. It is also employed in the synthesis of specialty chemicals, particularly in the creation of adhesives and coatings that require high resistance to heat and chemicals. Additionally, it finds application in the development of flame-retardant materials, contributing to improved safety standards in various industries. Its role in organic synthesis further extends to the preparation of complex molecules for pharmaceutical and agricultural research.