This chemical is primarily utilized in the development of advanced materials, particularly in the field of nanotechnology and electronics. It serves as a key component in the synthesis of high-performance polymers and coatings, which are essential for enhancing the durability and functionality of electronic devices. Additionally, it is employed in the production of specialized adhesives and sealants that require exceptional thermal and chemical resistance. In the pharmaceutical industry, it acts as an intermediate in the synthesis of certain active pharmaceutical ingredients (APIs), contributing to the development of new therapeutic agents. Its unique properties also make it valuable in research and development for creating innovative materials with tailored characteristics.