Used primarily as an intermediate in organic synthesis, this compound serves in the production of fragrances and flavoring agents due to its ketone functionality and moderate chain structure. It is also employed as a solvent in specialty applications where moderate evaporation rate and solvency power are required. In research settings, it acts as a building block for more complex molecules, particularly in the development of pharmaceuticals and agrochemicals. Its structural features make it suitable for condensation and reduction reactions, enabling the formation of alcohols, acids, or larger ketones.