This chemical is primarily used in the development of advanced materials, particularly in the field of polymer science. It serves as a key intermediate in the synthesis of specialized polymers that exhibit high thermal stability and mechanical strength. These polymers are often employed in the production of coatings, adhesives, and composites used in aerospace, automotive, and electronics industries. Additionally, it plays a role in the formulation of high-performance resins that are essential for manufacturing durable and lightweight components. Its application also extends to the creation of flame-retardant materials, enhancing safety in various industrial and consumer products.