Used primarily as a flame retardant in various industrial applications, it helps reduce the flammability of materials like plastics and textiles. It is also employed in the synthesis of other organic compounds, particularly in the production of liquid crystals for electronic displays. Additionally, it serves as an intermediate in chemical research and development, aiding in the creation of complex molecules for pharmaceuticals and advanced materials. Its role in enhancing fire safety and contributing to material innovation makes it valuable in multiple industries.