Used in the synthesis of pharmaceuticals and fine chemicals due to its phenolic structure and reactive hydroxyl groups. Its aromatic framework with a benzyl substituent makes it suitable as an intermediate in the preparation of bioactive molecules, including antioxidants and enzyme inhibitors. Commonly employed in research settings for developing compounds with potential anti-inflammatory or neuroprotective properties. Also utilized in the design of ligands for metal-catalyzed reactions in organic synthesis. In the cosmetics industry, it serves as an antioxidant to help delay skin aging by protecting against damage from pollution and UV radiation. It exhibits tyrosinase inhibitory properties, reducing melanin production for brighter, more even skin tone, making it ideal for formulations in skin creams, lotions, or serums.