Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. Its phenolic structure allows for easy functionalization, making it valuable in creating active pharmaceutical ingredients (APIs) and derivatives with biological activity. Commonly employed in the development of analgesics and anti-inflammatory agents. Also utilized in the synthesis of specialty polymers and resins where controlled reactivity and stability are required. Its ether linkage contributes to enhanced solubility and metabolic stability in drug design.