Used as a key intermediate in the synthesis of advanced polymer materials, particularly in the production of polyesters and polyurethanes with enhanced flexibility and thermal stability. Its dual hydroxymethyl groups enable efficient cross-linking, making it valuable in coatings, adhesives, and specialty resins. Also employed in the development of photoactive compounds due to the presence of methoxy-substituted aromatic core, contributing to light-sensitive applications in imaging and electronics. Additionally, it serves as a building block in pharmaceuticals and agrochemicals for constructing complex molecular frameworks.