Used in the synthesis of fragrance compounds due to its keto and carboxylic acid functional groups, which allow for further chemical modifications. Its structure supports the creation of esters with pleasant odors, commonly used in perfumery and flavoring agents. Also investigated as an intermediate in organic synthesis for bioactive molecules, particularly in pharmaceuticals where ketone and carboxylic acid moieties are key functional groups. Its unsaturated chain enables addition reactions, making it useful in polymer chemistry for developing specialty monomers.