Used primarily as an intermediate in organic synthesis, this compound serves in the development of fragrances and flavoring agents due to its stable cyclic structure and functional substituents. Its ether and alkene groups allow for selective reactions, making it valuable in constructing more complex molecules in pharmaceutical and agrochemical research. The isopropyl and ethoxy groups contribute to lipophilicity, which can enhance penetration in bioactive molecule design. It is also employed in the preparation of specialty chemicals requiring controlled volatility and odor profile.