Used primarily as an intermediate in the synthesis of fragrances and flavoring agents due to its pleasant, mild odor. It serves as a building block in the production of esters used in perfumery, particularly for creating fruity and floral notes. Also employed in the formulation of specialty solvents and plasticizers where moderate volatility and good solvency are required. Its cycloaliphatic structure contributes to enhanced stability and compatibility in various organic matrices.