Used in the synthesis of various organic compounds, particularly in the production of flavors and fragrances due to its ability to impart a unique scent profile. It serves as an intermediate in the manufacturing of polymers and resins, contributing to their flexibility and durability. Additionally, it is employed in the development of lubricants and plasticizers, enhancing the performance and longevity of industrial products. In research, it is utilized as a building block for creating more complex molecules, aiding in the study of chemical reactions and material properties.