This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the production of fragrances and flavors. Its structure makes it a valuable intermediate in creating aromatic substances that are used in perfumes, cosmetics, and food flavorings. Additionally, it serves as a building block in the development of pharmaceuticals, where it can be incorporated into more complex molecules to enhance their properties. In research and industrial settings, it is often employed in chemical reactions to study stereochemistry and reaction mechanisms, contributing to advancements in organic chemistry.