Used primarily as an intermediate in the production of phenolic resins and antioxidants. It is a key component in the synthesis of butylated hydroxytoluene (BHT), a widely used antioxidant in food, cosmetics, and industrial products to prevent oxidation and extend shelf life. Also employed in the manufacture of fragrances, dyes, and UV stabilizers for plastics. Its derivatives are found in rubber, lubricants, and fuel additives where thermal and oxidative stability are required. Additionally, it serves as a chemical building block in agrochemicals and pharmaceuticals.