This chemical is commonly used as an intermediate in the synthesis of various organic compounds, particularly in the production of fragrances and flavoring agents. Its structure makes it suitable for creating aromatic compounds that impart specific scents or tastes. Additionally, it is utilized in the manufacturing of polymers and resins, where it acts as a building block to enhance material properties. In the pharmaceutical industry, it serves as a precursor in the development of certain drugs, contributing to the synthesis of active pharmaceutical ingredients. Its versatility also extends to research applications, where it is employed in organic chemistry studies to explore reaction mechanisms and develop new synthetic pathways.