Used primarily in the synthesis of polymers and as a cross-linking agent in various industrial applications. It is effective in enhancing the durability and strength of materials, particularly in the production of coatings and adhesives. Additionally, it serves as a key intermediate in the manufacture of pharmaceuticals, where it contributes to the development of drugs with improved stability and performance. Its role in the creation of biodegradable plastics also highlights its importance in promoting environmentally friendly solutions. Furthermore, it is utilized in the agricultural sector for the formulation of pesticides and herbicides, aiding in crop protection and yield improvement.