Used primarily in the production of polymers and copolymers, this chemical is a key component in manufacturing adhesives, coatings, and sealants due to its excellent binding and film-forming properties. It is widely employed in latex paints to enhance durability, flexibility, and resistance to cracking. In the textile industry, it improves fabric strength and wrinkle resistance when used in fiber treatments. It also serves in the formulation of pressure-sensitive adhesives found in tapes and labels. Additionally, it plays a role in the synthesis of specialty chemicals for personal care products and emulsifiers. Its reactivity makes it valuable in crosslinking systems for improved performance in various industrial applications.