Used primarily in the fragrance industry, this compound contributes a musky, amber-like scent, making it valuable in perfumery and scented consumer products. Its stable ketone groups allow for long-lasting aroma performance in soaps, detergents, lotions, and fine fragrances. Due to its olefinic structure, it can also serve as an intermediate in organic synthesis for creating more complex aroma chemicals. Limited use in pharmaceutical research has been explored due to its structural similarity to bioactive terpenoids, though no major therapeutic applications are established.