Used primarily in the production of polymers and resins, this chemical acts as a key monomer in the synthesis of specialty plastics and coatings. It is valued for its ability to enhance durability and resistance in materials, making it suitable for automotive parts, adhesives, and protective coatings. Additionally, it serves as an intermediate in the manufacture of fragrances and flavoring agents, contributing to the creation of complex aromatic compounds. Its stabilization with BHT ensures longer shelf life and safe handling during industrial processes.