This chemical is primarily used in the field of organic synthesis and material science. It serves as a key intermediate in the production of various specialized polymers and coatings, which are essential for creating high-performance materials. These materials are often utilized in industries requiring durable and resistant surfaces, such as automotive, aerospace, and electronics. Additionally, it plays a role in the development of advanced adhesives and sealants, enhancing their strength and longevity. In research, it is employed to study reaction mechanisms and to develop new synthetic pathways for complex organic molecules. Its versatility makes it a valuable component in both industrial applications and scientific investigations.