Used primarily in organic synthesis, this compound serves as an intermediate in the production of various complex molecules. It is particularly valuable in the synthesis of pheromones and other bioactive compounds, where its specific structure aids in mimicking natural substances. Additionally, it finds application in research and development within the pharmaceutical industry, contributing to the creation of new drugs and therapeutic agents. Its role in the formulation of fragrances and flavorings is also notable, where it helps in achieving desired aromatic profiles.