Used primarily as a lubricant additive in industrial applications, this compound enhances the performance of oils and greases by reducing friction and wear on metal surfaces. It is particularly effective in high-pressure environments, where it forms a protective layer that prevents direct contact between moving parts. Additionally, it is employed in the formulation of extreme pressure (EP) additives for automotive and machinery lubricants, ensuring smoother operation and prolonged equipment life. Its thermal stability also makes it suitable for use in high-temperature applications, such as in the manufacturing and processing industries. Furthermore, it acts as an antioxidant in petroleum products, helping to extend the service life of oils and lubricants. In the rubber and plastics industries, it is used as a processing aid to improve the physical properties of products, such as increasing heat resistance and flexibility.