Widely used as a radical initiator in polymerization reactions, particularly for vinyl monomers like acrylates and styrene. It is essential in the production of plastics, resins, and synthetic rubbers, where it helps initiate the polymerization process at moderate temperatures. Also employed in the manufacture of foams, adhesives, and coatings due to its ability to generate free radicals efficiently. In the pharmaceutical industry, it is utilized in the synthesis of drug delivery systems and controlled-release formulations. Additionally, it serves as a blowing agent in the creation of microspheres and porous materials.