Used primarily as an intermediate in the synthesis of UV stabilizers and antioxidants for polymers. It contributes to enhancing the light and thermal stability of plastics, coatings, and rubber materials. Its structure allows for effective free radical scavenging, making it valuable in formulations where long-term durability under sunlight and heat exposure is required. Also employed in the production of specialty chemicals for agrochemicals and pharmaceuticals due to its reactive bromine functionality and sterically hindered phenolic core.