Used in the synthesis of pharmaceutical intermediates, particularly in the development of bioactive molecules with antioxidant and anti-inflammatory properties. It serves as a building block in organic synthesis for creating chroman-based compounds, which are found in various natural products and synthetic drugs. Its structure supports functionalization at multiple sites, making it valuable in medicinal chemistry for designing novel therapeutic agents. Also explored in the formulation of UV-stable compounds for use in cosmetics and protective coatings due to the inherent stability of the chroman ring system.