This chemical is primarily utilized in the development of advanced materials, particularly in the field of polymer science. It serves as a key intermediate in the synthesis of high-performance polymers that are used in industrial applications requiring exceptional durability and resistance to extreme conditions. Additionally, it plays a role in the production of specialty coatings, which are applied to surfaces to enhance their resistance to corrosion, UV radiation, and chemical exposure. Its unique properties make it valuable in creating adhesives and sealants with superior bonding strength and longevity. In the electronics industry, it is incorporated into components that require reliable insulation and thermal stability. Its versatility also extends to research and development, where it is explored for potential applications in energy storage and advanced composites.