This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and bioactive molecules. Its structure, featuring a dihydroxy phenyl group, makes it valuable in the development of compounds with potential antioxidant properties. Additionally, it is explored in the synthesis of flavonoids and other polyphenolic compounds, which are significant in research related to anti-inflammatory and neuroprotective agents. In material science, it can be used to modify polymers or coatings to enhance their stability and performance. Its application in cosmetics is also under investigation, particularly in formulations aimed at skin protection and anti-aging due to its potential antioxidant effects.