Used primarily in the fragrance and flavor industry, it imparts a sweet, floral, and slightly balsamic aroma, making it suitable for perfumes, cosmetics, and scented products. It also serves as an intermediate in organic synthesis, particularly in the production of fine chemicals and pharmaceuticals. Additionally, it can be employed in the formulation of specialty coatings and resins due to its aldehyde functional group, which participates in polymerization reactions.