Used in drug delivery systems due to its biocompatibility and controlled release properties. Commonly employed in biomedical applications such as coatings for implants and medical devices. Acts as a matrix material in sustained-release formulations, allowing gradual diffusion of active agents. Also utilized in tissue engineering scaffolds for its structural stability and ease of processing. Applied in diagnostic systems and biosensors where surface functionalization is required. Its hydrophobic nature makes it suitable for encapsulation of water-sensitive compounds. Additionally, applied in the coatings and paints industry for its durability against UV light and weather conditions, making it ideal for outdoor uses like signage and building surfaces. Valued for high clarity and gloss in products requiring optical quality. In the plastics industry, it serves as an additive to enhance molding properties and increase toughness in certain materials.