This chemical is primarily used as a reactive diluent in the formulation of coatings, adhesives, and sealants. Its ability to polymerize makes it valuable in UV-curable systems, where it enhances flexibility and adhesion properties. It is also employed in the production of specialty polymers and resins, contributing to improved performance in terms of durability and chemical resistance. Additionally, it serves as an intermediate in organic synthesis, particularly in the creation of compounds for pharmaceuticals and agrochemicals. Its low volatility and compatibility with various solvents make it a versatile component in industrial applications.