Used primarily as an intermediate in the synthesis of fragrance compounds and pharmaceuticals. Its cyclic diketone structure makes it valuable in organic transformations, particularly in the preparation of substituted cyclohexanes and terpenoid-like molecules. It serves in the development of musk fragrances due to its ability to mimic natural scent frameworks. Also utilized in the production of agrochemicals and specialty polymers where structural rigidity and specific stereochemistry are required. Its reactivity allows for selective reductions and condensations, enabling fine chemical manufacturing.