Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure makes it valuable for introducing the 4-(tert-butyl)phenyl group into more complex molecules, often enhancing their biological activity or stability. Additionally, it is employed in the development of UV absorbers and light stabilizers for polymers, contributing to the durability of materials exposed to sunlight. In research, it is utilized for studying reaction mechanisms and designing novel compounds with potential therapeutic or industrial applications.