This chemical is primarily used as a reactive intermediate and initiator in organic synthesis, particularly in free radical polymerization for the production of polymers and resins. It helps control the structure and properties of polymers and serves as a starting point in chemical reactions to create more complex compounds. This makes it valuable in the plastics and synthetic materials industries, including the development of crosslinking agents for enhancing durability in coatings, adhesives, sealants, and advanced materials for automotive, construction, and electronics applications.