Used primarily as an intermediate in the synthesis of fragrances and flavor compounds, this chemical contributes to the creation of woody, camphoraceous, and herbal aroma notes in perfumery. It is valued in the fragrance industry for enhancing scent longevity and stability in soaps, detergents, cosmetics, and fine perfumes. Due to its ability to modify olfactory profiles, it is often employed in small quantities to fine-tune complex scent formulations. Additionally, it may serve as a building block in organic synthesis for specialty chemicals requiring rigid bicyclic structures.