Used primarily as a fragrance ingredient in cosmetics and perfumery due to its waxy, floral, and slightly fruity odor. It contributes to the formulation of soaps, detergents, and scented consumer products where a subtle, long-lasting scent is desired. Its high molecular weight and low volatility help provide sustained fragrance release. Also found in some flavoring applications in trace amounts, mainly to enhance fatty or creamy notes in food flavor systems. Occasionally used in research settings as a reference standard or intermediate in organic synthesis.