This chemical is primarily used in the synthesis of polymers and coatings due to its ability to introduce naphthalene groups into polymer chains, enhancing properties like UV resistance and thermal stability. It is often employed in the production of specialty adhesives and sealants, where improved durability and performance under harsh conditions are required. Additionally, it serves as a key monomer in the development of advanced materials for optical applications, leveraging its ability to modify refractive indices and light absorption characteristics. Its application in surface coatings also contributes to improved scratch resistance and longevity of the coated materials.