This chemical is primarily used in the development of advanced polymer materials, particularly in the synthesis of high-performance plastics and coatings. Its structure allows it to act as a key intermediate in creating polymers with enhanced thermal stability and mechanical strength, making it suitable for applications in automotive and aerospace industries. Additionally, it is utilized in the production of specialty adhesives and sealants, where its chemical properties contribute to improved durability and resistance to environmental factors. In the field of electronics, it serves as a component in the fabrication of insulating materials, providing excellent electrical properties and heat resistance. Its versatility also extends to the pharmaceutical industry, where it is employed in the synthesis of certain drug delivery systems, enhancing the stability and efficacy of active pharmaceutical ingredients.