Used primarily as a monomer in the production of specialty polymers and copolymers, it enhances the properties of materials such as adhesives, coatings, and resins. Its incorporation improves heat resistance, adhesion, and mechanical strength in polymer matrices. It is also employed in the synthesis of ion-exchange resins, which are crucial for water purification and chemical separation processes. Additionally, it finds application in the pharmaceutical industry as an intermediate in the synthesis of various active compounds. Its versatility makes it valuable in creating advanced materials with tailored properties.