Used as an intermediate in organic synthesis, particularly in the preparation of complex fragrance molecules and flavor compounds. Its alkyne functionality allows for selective reactions such as hydrogenation, coupling, and cyclization, making it valuable in the development of specialty chemicals. Commonly employed in the perfume industry to create fruity and floral notes due to its ability to be transformed into esters with desirable olfactory properties. Also utilized in research settings for building carbon-chain extended esters in pharmaceutical and agrochemical synthesis.