Used primarily as an intermediate in the synthesis of high-performance polymers and resins. It plays a key role in producing materials with excellent thermal stability and mechanical strength, making it valuable in the manufacture of coatings, adhesives, and engineering plastics. Additionally, it is utilized in the development of liquid crystal polymers (LCPs), which are essential in electronics for their ability to withstand high temperatures and provide precise dimensional stability. Its applications also extend to the production of specialty chemicals used in advanced industrial processes.