Used in the synthesis of fragrances and flavoring agents due to its phenolic and allyl functional groups that contribute to aromatic stability and reactivity. Serves as an intermediate in the production of polymers and resins, particularly in epoxy and phenolic resin systems where enhanced thermal stability is required. Employed in pharmaceutical research for the development of bioactive molecules, including antioxidants and anti-inflammatory agents. Also utilized in agrochemical formulations as a building block for certain pesticides and plant growth regulators. Its reactivity allows for easy modification in organic synthesis, making it valuable in creating specialty chemicals.