Used primarily in the synthesis of polymers and resins, it acts as a key intermediate in the production of materials with enhanced thermal stability and mechanical properties. It is also employed in the development of adhesives and coatings, where its reactive allyl group facilitates cross-linking, improving durability and resistance. Additionally, it finds application in organic synthesis, serving as a building block for more complex chemical compounds, including pharmaceuticals and agrochemicals. Its phenolic structure contributes to antioxidant properties, making it useful in formulations requiring protection against oxidative degradation.