Used in the synthesis of fragrances and flavoring agents due to its phenolic structure and aromatic character. Commonly employed as an intermediate in the production of antioxidants for plastics and rubber, helping to prevent degradation from heat and oxidation. Also found in some disinfectants and antimicrobial formulations because of its phenol-based biocidal properties. Additionally, it serves as a building block in organic synthesis for pharmaceuticals and agrochemicals.