Used primarily as an antioxidant in industrial applications, this compound helps prevent degradation of materials exposed to oxidative stress. It is commonly incorporated into polymers and plastics to extend their service life by inhibiting thermal and UV-induced breakdown. Also found in specialty lubricants and greases, where it enhances stability and performance under high-temperature conditions. Its phenolic structure makes it effective in scavenging free radicals, useful in stabilizing formulations in coatings and adhesives. Limited use in cosmetics due to its skin sensitization potential, but may appear in low concentrations in some preservative systems.