This chemical is primarily utilized in advanced materials research, particularly in the development of specialized coatings and composites. It is known for its role in enhancing the thermal stability and mechanical strength of polymers, making it valuable in industries such as aerospace and automotive manufacturing. Additionally, it is employed in the synthesis of high-performance adhesives and sealants, where its properties contribute to improved durability and resistance to environmental stressors. In the field of electronics, it is used as a key component in the production of insulating materials, ensuring reliability in high-temperature applications. Its versatility also extends to the pharmaceutical sector, where it serves as an intermediate in the synthesis of certain active pharmaceutical ingredients.