This chemical is primarily utilized as a flame retardant in various polymer applications, particularly in the production of plastics and textiles. It works by enhancing the fire resistance of materials, making them safer for use in environments where fire hazards are a concern. Additionally, it is employed in coatings and adhesives to improve their thermal stability and reduce flammability. Its effectiveness in these applications makes it valuable in industries such as construction, automotive, and electronics, where fire safety is critical.