Used primarily in the production of polymers and coatings, this compound enhances material durability and resistance to environmental factors. It acts as a cross-linking agent in the synthesis of specialty plastics, improving their mechanical strength and thermal stability. Additionally, it is employed in the manufacturing of UV-curable inks and adhesives, contributing to faster curing times and better adhesion properties. Its application in the electronics industry includes the development of protective coatings for circuit boards, safeguarding against moisture and corrosion. Furthermore, it serves as a key intermediate in organic synthesis, facilitating the creation of complex molecules for pharmaceuticals and agrochemicals.