This chemical is primarily used in the development of advanced materials, particularly in the field of polymer chemistry. It serves as a key component in the synthesis of biodegradable polymers, which are essential for creating environmentally friendly packaging materials. Its unique structure allows it to act as a cross-linking agent, enhancing the mechanical strength and thermal stability of the resulting polymers. Additionally, it is utilized in the production of hydrogels, which have applications in drug delivery systems due to their ability to control the release of active pharmaceutical ingredients. In the field of nanotechnology, it is employed to modify the surface properties of nanoparticles, improving their compatibility and dispersion in various matrices. This chemical also plays a role in the formulation of adhesives and coatings, where it contributes to improved adhesion and durability.