This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical and agrochemical industries. Its structure, featuring multiple methoxy and hydroxy functional groups, makes it a valuable intermediate in the development of drugs targeting neurological and cardiovascular disorders. Additionally, it is employed in the production of herbicides and pesticides, where its chemical properties enhance the efficacy and selectivity of the final products. Researchers also explore its potential in creating novel materials with specific optical or electronic properties, leveraging its unique molecular framework.