Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals. It serves in the production of certain fungicides and plant growth regulators due to its aromatic structure and chiral center, which can influence biological activity. Also utilized in fragrance formulations for its mild, sweet, floral-woody odor, making it suitable for soaps, detergents, and perfumes. Its stability and solubility profile allow for easy incorporation into various solvent-based systems.