This chemical is primarily used as an antioxidant in various industrial applications. It is commonly added to lubricants, greases, and oils to prevent oxidation and extend their service life by stabilizing the base materials against degradation caused by heat and oxygen exposure. In the rubber and plastics industry, it acts as a stabilizer, protecting polymers from oxidative breakdown during processing and use, thereby enhancing durability and performance. Additionally, it is utilized in the production of adhesives and sealants to maintain their integrity and prevent premature aging. Its effectiveness in inhibiting oxidation makes it a valuable component in preserving the quality and longevity of a wide range of materials.