Used as a monomer in the production of specialty polymers and resins, particularly for enhancing the properties of synthetic rubbers and adhesives. It improves the adhesion, durability, and chemical resistance of these materials, making it valuable in the automotive and construction industries. Also employed in the synthesis of ion-exchange resins, which are utilized in water purification and chemical separation processes. Additionally, it serves as an intermediate in the manufacture of pharmaceuticals and agrochemicals, contributing to the development of active compounds. Its reactivity and versatility make it a key component in various industrial applications.