Used primarily as an intermediate in the synthesis of UV absorbers for cosmetic and sunscreen formulations. It contributes to the stabilization of products exposed to sunlight by helping prevent degradation of active ingredients and extending product shelf life. Also utilized in the development of certain pharmaceutical compounds due to its aromatic and functional group arrangement, supporting research in anti-inflammatory agents. Its derivatives are explored for use in polymer stabilization, protecting materials from UV-induced damage in coatings and plastics.