This chemical is widely used as an antioxidant in various industrial applications. It helps to prevent the degradation of materials caused by oxidation, particularly in polymers, plastics, and synthetic rubbers. By inhibiting oxidative reactions, it extends the lifespan and maintains the mechanical properties of these materials. Additionally, it is employed in the stabilization of lubricants and fuels, ensuring their performance and longevity under high-temperature or oxidative conditions. In the cosmetics and personal care industry, it acts as a preservative, protecting products from spoilage and maintaining their efficacy. Its antioxidant properties also make it useful in the food packaging industry, where it safeguards packaged goods from oxidative damage.