This chemical is primarily used as an intermediate in the synthesis of various polymers and resins. It is particularly valuable in the production of epoxy resins, which are widely used in coatings, adhesives, and composite materials due to their strong bonding properties and resistance to chemicals and heat. Additionally, it serves as a precursor in the manufacture of specialty chemicals, including those used in the electronics industry for encapsulating and protecting components. Its reactive epoxide group allows it to participate in cross-linking reactions, enhancing the durability and performance of the final products.