This chemical is primarily utilized in the development of advanced polymeric materials, particularly in the synthesis of high-performance polyimides and polyesters. Its multiple carboxyl and phenoxy groups enable it to act as a versatile monomer, contributing to the formation of polymers with exceptional thermal stability, mechanical strength, and chemical resistance. These polymers are often employed in industries requiring durable materials, such as aerospace, electronics, and automotive sectors, where they are used in coatings, adhesives, and insulating films. Additionally, its structure allows for potential applications in drug delivery systems, where it can be used to create biodegradable polymers for controlled release of pharmaceuticals.