This chemical is primarily utilized in advanced material science and polymer chemistry. It serves as a key intermediate in the synthesis of high-performance polymers, particularly those requiring exceptional thermal stability and mechanical strength. Its unique structure allows for the formation of cross-linked polymers, which are used in coatings, adhesives, and composites for aerospace and automotive industries. Additionally, it is employed in the development of epoxy resins, enhancing their durability and resistance to harsh environmental conditions. Its application extends to specialty chemicals where it acts as a precursor for creating compounds with tailored properties for niche industrial uses.