This chemical is primarily used in the formulation of industrial coatings and paints, where it acts as a key component to enhance durability and resistance to environmental factors such as UV radiation and moisture. It is also employed in the production of adhesives and sealants, providing improved bonding strength and flexibility. Additionally, it finds application in the manufacturing of certain types of plastics, contributing to better thermal stability and mechanical properties. Its versatility makes it valuable in various sectors, including automotive, construction, and electronics.