This chemical is primarily utilized in the synthesis of specialized polymers and coatings, where it enhances durability and resistance to environmental factors. It is also employed in the production of adhesives and sealants, providing improved bonding strength and flexibility. In the pharmaceutical industry, it serves as an intermediate in the development of certain drugs, particularly those targeting specific cellular pathways. Additionally, it finds application in the formulation of personal care products, contributing to the stability and efficacy of skincare and haircare formulations. Its unique properties make it valuable in advanced material science, particularly in the creation of high-performance composites.