Used primarily in the production of high-performance polymers and resins, this chemical serves as a key intermediate. It enhances thermal stability and chemical resistance in materials, making it valuable for applications in the electronics and automotive industries. Additionally, it is utilized in the synthesis of dyes and pigments, contributing to vibrant and long-lasting colors in textiles and coatings. Its role in creating flame-retardant materials also makes it significant in improving safety standards in various industrial products.