Used as a building block in the synthesis of high-performance polyamides and polyesters, offering excellent thermal stability and mechanical strength. Commonly applied in specialty plastics and coatings for automotive and electronic industries. Also utilized in controlled-release formulations in agrochemicals and pharmaceuticals due to its biodegradable and hydrophobic properties. Serves as a linker molecule in polymer chemistry, enabling the creation of tailored macromolecules with specific physical characteristics.