Used in the synthesis of high-performance polymers and epoxy resins due to its ability to enhance thermal stability and mechanical strength. Its phenolic structure makes it suitable as a monomer in polycarbonate and polyether production. Also employed as a crosslinking agent in coatings and adhesives, improving durability and resistance to heat and chemicals. Shows potential in the development of antioxidants and UV stabilizers for plastics and rubber. Additionally, it serves as an intermediate in pharmaceuticals and fine chemicals synthesis, where its bifunctional reactivity supports complex molecular construction.