Used as an intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the production of certain herbicides and plant growth regulators. It also serves as a building block in organic synthesis for creating more complex phenolic compounds with tailored properties. Its structure makes it suitable for use in the development of antioxidants and stabilizers in specialty polymers. Additionally, it has been explored in research settings for its potential bioactive properties, including antimicrobial and anti-inflammatory effects.