This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the development of pharmaceuticals and bioactive molecules. Its structure, featuring benzyl-protected hydroxyl groups, makes it a valuable intermediate in organic synthesis, enabling the creation of polyphenolic compounds with specific biological activities. It is often employed in research settings to study antioxidant properties and to develop potential therapeutic agents targeting oxidative stress-related diseases. Additionally, it serves as a building block in the preparation of advanced materials, such as polymers and coatings, where its phenolic characteristics contribute to enhanced stability and performance.