Used as an intermediate in the synthesis of antioxidants and natural product derivatives, particularly in the preparation of tocopherol analogs and flavonoid-type compounds. Exhibits potential in pharmaceutical research due to its structural similarity to bioactive molecules with anti-inflammatory and neuroprotective properties. Also employed in studies related to oxidative stress inhibition owing to its ability to scavenge free radicals. Serves as a building block in the development of UV-absorbing compounds for use in cosmetics and protective coatings.