Used in the synthesis of fragrances and flavoring agents due to its aromatic character and structural features. Serves as an intermediate in the production of dyes and UV absorbers for plastics and coatings. Employed in pharmaceutical research for developing anti-inflammatory and antimicrobial compounds. Its derivative esters are found in perfumery for their pleasant, long-lasting scent profiles. Also utilized in agrochemical formulations as a building block for certain herbicides and plant growth regulators.