Used primarily as an intermediate in the synthesis of various chemical compounds, particularly in the production of specialty chemicals and polymers. It plays a role in the manufacturing of flame retardants, where its properties contribute to enhancing the fire resistance of materials. Additionally, it is utilized in the development of certain types of resins and coatings, providing improved durability and chemical resistance. In industrial applications, it is also employed as a solvent or processing aid in specific chemical reactions, aiding in the efficient production of target products. Its stability and reactivity make it suitable for use in controlled environments where precise chemical modifications are required.