This chemical is primarily utilized in the production of specialized coatings and polymers, where it acts as a key intermediate. Its unique structure contributes to the enhancement of material properties, such as durability and resistance to environmental factors. Additionally, it is employed in the synthesis of certain types of plasticizers, which are essential in improving the flexibility and workability of plastics. In industrial applications, it is also used as a component in high-performance adhesives, providing strong bonding capabilities under various conditions. Furthermore, its role in the development of corrosion inhibitors makes it valuable in protecting metal surfaces from degradation, extending the lifespan of metal-based products.