This chemical is primarily used as a key intermediate in the production of high-performance polymers, particularly epoxy resins. These resins are widely applied in coatings, adhesives, and composite materials due to their excellent thermal stability, mechanical strength, and chemical resistance. It is also utilized in the synthesis of flame retardants, where it enhances the fire-resistant properties of materials. Additionally, it finds application in the development of advanced electronic materials, contributing to the production of insulating layers and protective coatings in electronic devices. Its role in creating durable and high-quality materials makes it valuable in industries such as aerospace, automotive, and electronics.