Used as an antioxidant and stabilizer in rubber and polymer products, helping to prevent degradation from heat, light, and oxygen exposure. Commonly found in industrial rubber goods such as hoses, belts, and seals where long-term durability is required. Also serves as an intermediate in the synthesis of dyes and pigments, particularly in the paint and printing ink industries, enabling the production of dyes with light stability and resistance to fading, due to its aromatic structure. Its stabilizing properties make it suitable for use in adhesives and coatings exposed to harsh environmental conditions. Additionally, it plays a role as an intermediate in the production of other specialty chemicals, such as antioxidants and corrosion inhibitors in certain industrial systems.