Used in perfumery for its sweet, floral, and slightly powdery aroma, particularly to enhance vanilla and coumarin notes. It acts as a fragrance ingredient in soaps, detergents, cosmetics, and personal care products due to its stability and long-lasting scent. Also employed as a flavoring agent in food and tobacco industries for its pleasant, balsamic character. Its fixative properties help prolong the life of more volatile fragrance components in formulations.