Used as an intermediate in the synthesis of fragrance compounds, particularly in the production of musk-like aroma chemicals. It undergoes further transformations to yield polycyclic musks, which are valued in perfumery for their long-lasting scent and stability. Its structure allows for selective reactions that enhance olfactory properties in final products. Commonly found in soaps, detergents, and cosmetics where a persistent, pleasant odor is required. Also serves as a building block in fine chemical synthesis for specialty aroma molecules.