Used primarily in the production of UV stabilizers for plastics and coatings, this compound helps to protect materials from degradation caused by ultraviolet light. It is particularly effective in extending the lifespan of outdoor products by preventing discoloration and loss of mechanical properties. Additionally, it finds application in the formulation of sunscreens, where it acts as a UV filter to shield the skin from harmful rays. Its ability to absorb UV radiation makes it valuable in enhancing the durability and performance of various industrial and consumer products exposed to sunlight.