Used as an intermediate in the synthesis of antioxidants and stabilizers for polymers, fuels, and lubricants. Its sterically hindered structure makes it effective in preventing oxidative degradation in industrial applications. Also employed in the preparation of agrochemicals and pharmaceuticals where a stable phenolic backbone with specific substitution is required. Commonly utilized in research for developing new organic compounds due to its reactivity at the bromine site, allowing for coupling reactions and functional group transformations.