Used as an intermediate in the synthesis of fragrances and flavor compounds, particularly in creating sandalwood-like scents. It serves as a building block in the production of perfumes, cosmetics, and scented consumer products due to its ability to impart warm, woody, and balsamic notes. Also utilized in the manufacture of agrochemicals and pharmaceuticals where a stable cycloaliphatic ketone structure is required. Its reactivity allows for further chemical modifications, making it valuable in organic synthesis for specialty chemicals.