Used primarily as an intermediate in the synthesis of fragrances and flavoring agents due to its pleasant, warm, and woody odor profile. It is commonly employed in perfumery and cosmetics (such as perfumes, soaps, and lotions) to enhance longevity, add depth to floral and oriental scent compositions, and increase scent intensity. Also found in some agrochemical formulations as a synergist to improve the efficacy of active ingredients. Additionally, it serves as a preservative in certain product formulations due to its antimicrobial properties inhibiting the growth of certain microorganisms. Its structural stability and lipophilicity make it suitable for use in controlled-release systems and specialty polymers.