Used primarily in the fragrance and flavor industry, it serves as a key ingredient in creating aromatic compounds. Its unique chemical structure allows it to impart a long-lasting, pleasant scent, making it valuable in perfumes, cosmetics, and personal care products. Additionally, it is employed in the synthesis of specialty chemicals and intermediates for organic reactions. Its stability and solubility properties also make it suitable for use in certain industrial applications, such as coatings and adhesives.