Used as a key intermediate in organic synthesis, particularly in the production of fragrances and flavor compounds. Its reactive double bond allows for easy functionalization through reactions like hydrogenation, epoxidation, and hydroformylation, enabling the creation of more complex esters and alcohols. Commonly employed in the perfume industry to synthesize fruity and floral aroma chemicals due to its ability to mimic fresh, green notes. Also utilized in polymer chemistry as a monomer or cross-linking agent in specialty resins where controlled reactivity and volatility are required.