Used in the production of coatings and adhesives, it acts as a reactive intermediate that enhances durability and adhesion properties. In the polymer industry, it serves as a cross-linking agent, improving the mechanical strength and thermal stability of materials. Additionally, it is utilized in the synthesis of bio-based lubricants, offering environmentally friendly alternatives with excellent performance characteristics. Its epoxy group enables modifications in various chemical processes, making it valuable in creating specialized compounds for industrial applications.