Used as a key intermediate in the synthesis of high-performance polymers and resins, particularly in the production of epoxy and polyurethane systems. It enhances thermal stability, mechanical strength, and chemical resistance in these materials, making it suitable for coatings, adhesives, and composites in industries like aerospace, automotive, and electronics. Also employed in the development of flame-retardant additives due to its ability to improve fire resistance in polymers. Additionally, it serves as a precursor in the manufacture of dyes and pigments, contributing to colorfastness and durability in textile and printing applications.