This compound is primarily utilized in the synthesis of natural products and organic compounds, particularly in the development of fragrances and flavoring agents due to its aromatic properties. It serves as a key intermediate in the production of certain pharmaceuticals, where its structure contributes to the bioactivity of the final product. Additionally, it is employed in research settings for studying chemical reactions involving aldehydes and their derivatives, aiding in the development of new synthetic methodologies. Its unique structure also makes it a candidate for use in the creation of specialty chemicals for industrial applications.