Used primarily as an intermediate in the synthesis of parabens, which are widely used as preservatives in cosmetics, pharmaceuticals, and food products due to their antimicrobial properties. Also serves as a building block in the production of liquid crystal polymers used in high-performance engineering plastics. Employed in the manufacture of dyes, adhesives, and specialty polymers. Its derivatives find use in skincare products for their antioxidant and anti-aging effects. Additionally, it is utilized in some pharmaceutical formulations as a starting material for drugs and in analytical chemistry as a reference standard.