What are the main uses of 4-(Hydroxymethyl)phenol (CAS: 623-05-2)?

4-(Hydroxymethyl)phenol is primarily used in the pharmaceutical industry for the production of antifungal and antibacterial agents. It also serves as a precursor in the synthesis of dyes, resins, and other organic compounds. In food and flavor industries, it may be used as a natural antioxidant. Additionally, it is valuable in research for developing new materials and medicinal compounds.