Used as an intermediate in organic synthesis, particularly in the production of fragrances and flavor compounds. Its cyclic structure and stability make it suitable for incorporation into complex molecules where a rigid hydrocarbon framework is desired. Commonly found in the development of specialty chemicals for perfumery due to its ability to enhance scent longevity and provide a clean, floral-woody background note. Also investigated as a building block in the synthesis of liquid crystals and functional polymers owing to its thermal stability and structural rigidity.