Used in the flavor and fragrance industry to impart fruity and waxy notes, enhancing the sensory profile of various products. It serves as a key ingredient in the formulation of perfumes, cosmetics, and personal care items, providing a pleasant aroma. In cosmetics, it also functions as an emollient, offering moisturizing and softening properties for skin and hair care products. Additionally, it is utilized in food flavorings to replicate natural fruit essences, improving the taste of beverages, candies, and baked goods. Its application extends to research and development, where it acts as a reference compound in analytical studies related to lipid chemistry and ester synthesis, as well as a starting material in chemical synthesis for lubricants and polymer additives.