Used as an intermediate in organic synthesis, particularly in the production of fragrances and flavoring agents due to its ester functionality and reactive methylene group. It serves in the preparation of cyclic compounds through cyclization or polymerization reactions. Also finds use in the development of specialty chemicals for agrochemicals and pharmaceuticals where a functionalized cyclohexane backbone is required. Its volatility and ester character make it suitable for incorporation into perfumery compositions as a modifier or base note.