Used primarily as an intermediate in organic synthesis, particularly in the preparation of flavor and fragrance compounds. Its keto-functional group allows for diverse chemical transformations, making it valuable in creating complex molecules for perfumery and food additives. It also serves as a building block in pharmaceutical synthesis where ketone-containing aliphatic chains are required. Due to its reactivity, it is employed in condensation and reduction reactions to form alcohols, esters, and other derivatives with industrial relevance.