Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of complex fragrance molecules and specialty polymers. Its structure features a tertiary hydroxyl group attached to a carbon bearing three allyl moieties, enabling selective reactions such as hydrogenation, oxidation, and cyclization due to the multiple allylic positions. This makes it valuable in developing aroma chemicals and functionalized alcohols for perfumery. It also finds use in research settings for constructing carbon frameworks in pharmaceutical precursors, leveraging its reactivity and multiple sites for functionalization.