This chemical is widely used as an antioxidant in various industries, particularly in the stabilization of polymers and plastics. It helps to prevent the degradation of materials caused by exposure to heat, light, and oxygen, thereby extending their lifespan and maintaining their properties. In the food packaging industry, it is employed to protect plastic containers and films from oxidative damage, ensuring the safety and quality of packaged products. Additionally, it is utilized in the production of synthetic rubbers and lubricants to enhance their durability and performance under harsh conditions. Its antioxidant properties also make it valuable in cosmetic formulations, where it helps to preserve the integrity of products by preventing rancidity and spoilage.