Used in the fragrance industry for its sweet, floral, and vanilla-like aroma, this compound serves as a key intermediate in the synthesis of perfumes and flavoring agents. Its stability and distinct scent profile make it valuable in creating long-lasting scented products such as soaps, detergents, and cosmetics. Additionally, it is employed in organic synthesis as a building block for more complex aromatic molecules, particularly in pharmaceuticals and agrochemicals where controlled substitution patterns are required.