This chemical is primarily used in the synthesis of specialty polymers and resins, where it acts as a cross-linking agent to enhance durability and stability. It is also employed in the production of coatings and adhesives, providing improved resistance to heat and chemicals. Additionally, it finds application in the textile industry as a finishing agent to impart wrinkle resistance and strength to fabrics. Its ability to form stable bonds makes it valuable in creating high-performance materials for industrial and consumer products.