Used primarily in the fragrance industry due to its musky, floral, and slightly waxy odor profile. It serves as a key ingredient in perfumes, soaps, and scented cosmetics, where it acts as a long-lasting base note that enhances scent longevity. Its stability and low volatility make it ideal for use in laundry detergents and fabric softeners to provide a persistent fresh scent. Also employed in flavoring applications in trace amounts, contributing to fruity or creamy notes in food-grade flavor formulations. Additionally, it functions as an intermediate in the synthesis of more complex organic molecules in research and industrial chemistry. Furthermore, studies suggest that it may play a role in the communication systems of certain insects, such as acting as a pheromone or attractant, offering potential applications in alternative pest control methods.