This chemical is widely used as an intermediate in the synthesis of antioxidants for various industries, particularly in the stabilization of polymers and plastics. It contributes to the production of compounds that prevent the degradation of materials caused by oxidation, thereby extending their lifespan and maintaining their physical properties. Additionally, derivatives find application in cosmetics and personal care products, where they protect formulations from oxidative damage, enhancing their shelf life. Its phenolic structure provides effectiveness in inhibiting free radicals, making it a valuable component in maintaining the integrity of a wide range of industrial products.