This chemical is primarily used as a plasticizer in the production of polymers and resins, enhancing their flexibility, durability, and processing properties. It is particularly effective in applications requiring high thermal stability and resistance to degradation, making it suitable for use in coatings, adhesives, and specialty plastics. Additionally, it serves as an intermediate in the synthesis of other organic compounds, contributing to the development of advanced materials in various industrial sectors. Its compatibility with a range of polymers also makes it valuable in the manufacturing of films, fibers, and molded products.