This compound is primarily utilized in the synthesis of various organic intermediates, particularly in the development of fragrances and flavoring agents due to its unique structural properties. It serves as a key building block in the production of complex molecules used in the perfume industry, contributing to the creation of specific aromatic profiles. Additionally, it finds application in research and development for studying chemical reactions involving oxime derivatives, which are important in medicinal chemistry for the design of bioactive compounds. Its role in the formation of cyclohexene-based structures also makes it valuable in the synthesis of polymers and specialty chemicals.