Used primarily as an intermediate in the synthesis of various organic compounds, particularly in the production of pharmaceuticals and specialty chemicals. Its trihydroxy structure makes it valuable in the development of antioxidants and polyphenolic compounds, which are essential in creating drugs with anti-inflammatory and antimicrobial properties. Additionally, it serves as a building block in the manufacture of resins and polymers, where its phenolic groups contribute to cross-linking and stability. In research, it is employed in studies focused on understanding polyphenol chemistry and its applications in material science and medicine.