Used primarily as a flame retardant in polymers and resins, this compound provides thermal stability and reduces flammability in plastics, coatings, and adhesives. It is effective in engineering thermoplastics such as polycarbonates and polyesters, where it helps meet fire safety standards without significantly compromising mechanical properties. Its hydrolytic stability makes it suitable for applications exposed to moisture. Additionally, it acts as a plasticizer, improving flexibility and processability in certain polymer systems. Commonly found in electronic components, wire and cable insulation, and construction materials where fire resistance is critical.