This chemical is primarily utilized in the field of organic synthesis and material science. It serves as a key intermediate in the production of various polymers and resins, particularly those requiring high thermal stability and chemical resistance. Its structural properties make it suitable for use in the development of advanced coatings and adhesives, where durability and performance under extreme conditions are essential. Additionally, it finds application in the pharmaceutical industry as a building block for synthesizing complex molecules with potential therapeutic properties. Its role in enhancing the stability and functionality of end products makes it valuable in both industrial and research settings.