Used primarily in the production of high-performance polymers and resins, this chemical serves as a key intermediate. It enhances thermal stability and mechanical strength in materials, making it valuable for manufacturing components in the electronics and automotive industries. Additionally, it is utilized in the synthesis of specialty chemicals, particularly in the development of advanced coatings and adhesives that require durability under extreme conditions. Its role in creating flame-retardant materials also makes it significant for applications in construction and safety equipment.