This chemical is primarily utilized in the development of advanced polymer materials. It serves as a key monomer in the synthesis of polyhydrazides, which are known for their high thermal stability and mechanical strength. These polymers are often employed in the production of high-performance fibers and films, particularly in industries requiring materials that can withstand extreme conditions, such as aerospace and automotive sectors. Additionally, its derivatives are explored for use in specialty coatings and adhesives, where durability and resistance to environmental stressors are crucial. The compound's ability to form stable, cross-linked structures also makes it a candidate for creating smart materials that respond to external stimuli, such as temperature or pH changes.