This chemical is primarily used as a crosslinking agent in the textile industry, particularly for improving the durability and wash-fastness of fabrics. It is applied in the finishing process of cotton, polyester, and other synthetic fibers to enhance their resistance to wrinkling, shrinking, and fading. Additionally, it is utilized in the production of specialty coatings and adhesives, where it contributes to the stability and performance of the final product. Its ability to form strong bonds with polymers makes it valuable in creating high-performance materials for industrial applications.