Used primarily in the production of synthetic rubber, this chemical is a key component in manufacturing styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR), both widely used in vehicle tires. It improves durability, abrasion resistance, and performance under varying temperatures. Also utilized in the production of plastics such as acrylonitrile-butadiene-styrene (ABS), which is found in automotive parts, electronic housings, and consumer goods. Additionally, it serves in the synthesis of chloroprene rubber and other specialty polymers used in hoses, belts, and seals. Industrial applications include its use as a monomer in copolymerization reactions to tailor material properties for specific mechanical and thermal requirements.