Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of compounds with antioxidant and anti-inflammatory properties. It serves as a building block in the production of specialty chemicals, including fragrances and flavoring agents due to its phenolic structure and methoxy substitution, which contribute to aromatic stability and sensory characteristics. Also explored in research for its potential role in the design of novel organic materials and as a precursor in the preparation of bioactive molecules.