Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of fragrances and flavoring agents due to its strong, pleasant odor. It is involved in the synthesis of vitamins, particularly vitamin E and vitamin K1, serving as a building block in industrial processes. Its aldehyde functionality allows for various chemical transformations, making it valuable in pharmaceutical manufacturing and agrochemical synthesis. Additionally, it finds use in research laboratories for developing new organic compounds and studying reaction mechanisms.