This chemical is primarily utilized in the field of organic synthesis and material science. It serves as a key intermediate in the production of specialized polymers and resins, particularly those requiring high thermal stability and chemical resistance. Its application extends to the development of advanced coatings and adhesives, where its unique structure enhances durability and performance under extreme conditions. Additionally, it finds use in the synthesis of agrochemicals and pharmaceuticals, contributing to the creation of compounds with specific biological activities. Its role in photolithography processes is also notable, aiding in the fabrication of microelectronic components.