This compound, with its two tosylate groups, is primarily used as an intermediate in organic synthesis for forming carbon-carbon or carbon-heteroatom bonds via nucleophilic substitution reactions, owing to the easily displaceable tosylate leaving groups. Its stable neopentyl-like structure allows precise control over reaction directionality, making it suitable for producing complex organic compounds, including pharmaceuticals and specialty chemicals. Additionally, it functions as a crosslinking agent in polymer and resin synthesis, enhancing mechanical properties and thermal stability, and is applied in advanced materials like coatings and adhesives for improved durability.