Used as a monomer in the synthesis of specialty polymers and resins, particularly in developing thermally stable and chemically resistant materials. Plays a role in the production of photoresists for semiconductor manufacturing due to its reactivity under UV light. Employed in controlled radical polymerization techniques to create functional polymers with tailored properties. Also serves as an intermediate in organic synthesis for pharmaceuticals and fine chemicals, where its phenolic and vinyl groups allow for dual reactivity. Applied in research for developing sensors and functional coatings owing to its ability to form conjugated systems upon polymerization.