Used as a heat stabilizer in the production of polyvinyl chloride (PVC) and other chlorine-containing polymers. It prevents degradation during processing by neutralizing hydrogen chloride released at high temperatures. Offers a non-toxic alternative to heavy metal stabilizers like lead or cadmium, making it suitable for applications in food packaging and medical devices. Also acts as a vulcanization accelerator in rubber manufacturing, improving the elasticity and durability of rubber products. Its low toxicity and good thermal stability make it favorable in environmentally sensitive applications.