This compound is primarily utilized as a high-performance antioxidant and stabilizer in various industrial applications. It is particularly effective in protecting polymers, plastics, and rubber materials from oxidative degradation caused by heat, light, and environmental exposure. By inhibiting the formation of free radicals, it significantly extends the lifespan and maintains the mechanical properties of these materials. Additionally, it is employed in the production of lubricants and fuels, where it prevents oxidation and sludge formation, ensuring smoother operation and longer service life of engines and machinery. Its compatibility with a wide range of materials and its ability to function under harsh conditions make it a valuable additive in the manufacturing and automotive industries.