Used in the synthesis of fragrances and flavoring agents due to its phenolic structure and aromatic character. Serves as an intermediate in the production of antioxidants and stabilizers for polymers and plastics. Also employed in the development of pharmaceuticals, particularly in the creation of compounds with anti-inflammatory or antimicrobial properties. Its derivative forms are found in some disinfectants and antiseptics. Additionally, it finds use in research settings for developing new organic compounds and studying reaction mechanisms.