Used in the synthesis of advanced polymer stabilizers, this compound acts as an intermediate in producing light and heat stabilizers for plastics, especially in polyolefins and engineering plastics. Its structure allows for effective radical scavenging, helping to prevent degradation during processing and long-term use. It is also employed in specialty coatings and adhesives where thermal stability and color retention are critical. Additionally, it finds use in the formulation of high-performance lubricants and fuel additives, improving oxidative stability under extreme conditions.