This chemical is primarily utilized in the development of advanced polymeric materials, particularly in the synthesis of functionalized polymers. Its unique structure allows it to act as a crosslinking agent, enhancing the mechanical and thermal properties of polymers. It is also employed in the production of hydrogels, which are widely used in biomedical applications such as drug delivery systems and tissue engineering scaffolds. Additionally, it serves as a key intermediate in the preparation of specialty coatings and adhesives, offering improved adhesion and durability. Its compatibility with various substrates makes it valuable in the formulation of high-performance materials for industrial and consumer applications.