Used as a reactive diluent and surface modifier in polymer formulations, enhancing compatibility and adhesion in coatings and adhesives. Its ether and allyl functionalities allow for crosslinking in UV-curable systems, improving film formation and flexibility. Commonly employed in specialty resins to reduce viscosity without sacrificing performance, it also aids in dispersing pigments and fillers in industrial coatings. Its hydrophilic character supports use in water-based systems where stability and reactivity are required.