Used as an intermediate in organic synthesis, particularly in the preparation of fine chemicals and pharmaceuticals. It serves as a protected form of catechol (1,2-dihydroxybenzene), where the acetate groups act as temporary protecting groups for the phenolic hydroxyls in multi-step synthesis, which can be removed by hydrolysis. Also employed in the development of fragrances and flavoring agents, where it contributes to the stabilization of sensitive functional groups during processing. Its reactivity allows for selective transformations in the synthesis of complex aromatic compounds.