Used primarily in the fragrance industry, this compound serves as a key intermediate in the synthesis of musk-like aroma chemicals. Its keto-ester structure allows for further chemical modifications, making it valuable in creating macrocyclic musks used in perfumes, cosmetics, and scented consumer products. It contributes to long-lasting scent profiles due to its moderate volatility and stability. Additionally, it finds use in research settings for organic synthesis and flavor development.