This chemical is primarily used in the field of polymer chemistry as a monomer or intermediate for the synthesis of specialized polymers. Its structure allows it to participate in polymerization reactions, particularly in the creation of copolymers with unique properties such as enhanced flexibility, durability, or specific reactivity. It is often utilized in the development of coatings, adhesives, and sealants, where its incorporation can improve performance characteristics like adhesion, resistance to environmental factors, and mechanical strength. Additionally, it finds application in the production of advanced materials for industries such as automotive, construction, and electronics, where tailored polymer properties are essential. Its versatility also makes it a candidate for research in drug delivery systems or bioactive materials, where controlled release or specific interactions are required.