Used in the fragrance industry as a key intermediate for synthesizing sandalwood-like aroma compounds. Its aldehyde group and substituted aromatic structure make it valuable in creating perfumes and scented products, particularly in fine fragrances and cosmetics where warm, woody, and creamy notes are desired. It is also employed in the development of flavoring agents due to its pleasant, sweet, and balsamic odor profile. Additionally, it serves as a building block in organic synthesis for pharmaceuticals and agrochemicals, where its tert-butyl and methoxy groups help modulate reactivity and stability in multi-step reactions.