Used primarily as a specialty monomer in polymer synthesis, this compound contributes to the production of custom resins and copolymers with enhanced thermal and mechanical properties. Its structural configuration allows for controlled polymerization, making it valuable in research and development of new polymeric materials. Commonly employed in academic and industrial labs for synthesizing functional polymers, it also serves as an intermediate in the manufacture of fine chemicals and pharmaceuticals. The added stabilizer prevents premature polymerization during storage, ensuring consistent reactivity when used in reactions.