Used in the synthesis of vitamin E (tocopherol), where it serves as a key intermediate in the production of the chromanol ring structure. This makes it essential for producing antioxidants used in food, cosmetics, and pharmaceuticals.

Also utilized in the manufacture of antioxidants for polymers and lubricants, helping to prevent degradation caused by oxidation. Its derivatives act as stabilizers in plastics and rubber, improving material longevity.

Additionally, it finds use in fragrance compounds for the perfume industry due to its aromatic characteristics.