Used in the synthesis of dyes and pigments due to its aromatic structure and reactive hydroxyl groups, enabling color development and stability in various dye formulations. It also serves as an intermediate in the production of certain antioxidants and UV stabilizers, particularly in plastics and coatings where resistance to degradation from sunlight is required. Additionally, it finds use in some specialty chemicals for the textile and leather industries to improve dye fastness and material durability.