This compound serves as an organic intermediate in the synthesis of phenyl and acrylate-based organic compounds, often utilized in developing chemicals for cosmetic products such as sunscreens or anti-aging agents, owing to its structure that effectively absorbs UV radiation. Additionally, it functions as a monomer in creating polymers with durability against light and weather conditions, making it suitable for use in paints, surface coatings, or plastics that are exposed to sunlight for extended periods.