Used primarily in the fragrance and flavor industry, this compound contributes to the creation of fruity and green notes in perfumes and food flavorings. Its unique structure allows it to act as a building block in organic synthesis, particularly in the production of more complex esters and intermediates. Additionally, it finds application in the development of agrochemicals and pharmaceuticals, where it serves as a precursor in the synthesis of active ingredients. Its versatility and reactivity make it valuable in various industrial chemical processes.