Widely used as an antioxidant in industrial applications, particularly in plastics, rubber, lubricants, fuels, coatings, and paints to prevent degradation from heat, oxygen, sunlight, and environmental exposure. It stabilizes polymers during processing and extends the lifespan of final products. Also employed as an intermediate in the synthesis of dyes, fragrances, and other specialty chemicals. Found in some biocidal formulations due to its antimicrobial properties, used in industrial disinfectants and preservatives. Its low volatility and thermal stability make it suitable for high-temperature processes.