Used as a flame retardant in various materials, particularly in plastics, textiles, and polymers, to enhance fire resistance. It is also employed in electronic components and lithium-ion battery electrolytes to reduce flammability risks and improve safety. Additionally, it serves as a plasticizer in certain polymer applications, improving flexibility and durability. Its chemical properties, including high thermal stability and non-flammability, make it suitable for use in high-performance coatings and adhesives.