Used as an intermediate in the synthesis of fragrances and flavor compounds, particularly in creating floral and fruity notes in perfumery. It serves as a building block in organic synthesis due to the protected aldehyde group, enabling selective reactions in multi-step pathways. Also employed in the preparation of pharmaceuticals and agrochemicals where controlled release of the aldehyde functionality is required. Its stability and solubility properties make it suitable for use in various solvent systems during industrial processes.