Used in the fragrance industry as a key intermediate for synthesizing musk-like aroma compounds. Its structure allows for the creation of stable, long-lasting scent profiles in perfumes, soaps, and cosmetic products. Commonly employed in floral and woody fragrance formulations due to its pleasant, sweet, and slightly powdery odor characteristics. Also utilized in the synthesis of more complex aroma chemicals where aldehyde functionality is required for further chemical modification.