This chemical is primarily used as a crosslinking agent in the production of polymers and resins. It enhances the mechanical strength and thermal stability of materials, making it valuable in coatings, adhesives, and sealants. Additionally, it is utilized in the synthesis of biodegradable polymers, contributing to environmentally friendly packaging solutions. Its ability to form stable bonds also makes it suitable for applications in drug delivery systems, where it helps in controlled release mechanisms. Furthermore, it is employed in the textile industry to improve the durability and wrinkle resistance of fabrics.