This chemical is primarily utilized as a highly effective antioxidant in various industrial applications. It is commonly incorporated into polymers and plastics to prevent oxidative degradation, thereby extending the material's lifespan and maintaining its structural integrity under harsh conditions. Its robust structure makes it particularly suitable for use in high-temperature environments, such as in the production of automotive parts, electrical insulation, and packaging materials. Additionally, it is employed in lubricants and fuels to enhance stability and reduce the formation of harmful by-products during combustion or long-term storage. Its ability to scavenge free radicals makes it a valuable component in protecting sensitive compounds from oxidative damage.