This chemical is primarily used as a UV stabilizer in various polymer formulations. It helps to protect plastics and coatings from the degrading effects of ultraviolet light, thereby extending their lifespan and maintaining their appearance. Commonly applied in automotive coatings, it prevents discoloration and cracking caused by prolonged sun exposure. It is also utilized in the manufacturing of outdoor furniture, where it safeguards against weathering and fading. Additionally, it finds use in agricultural films, ensuring durability and performance under harsh sunlight. Its compatibility with a wide range of polymers makes it a versatile additive in industries requiring long-term UV protection.