This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of fragrances and flavoring agents. Its structure is well-suited for creating aromatic molecules that contribute to pleasant scents in perfumes and cosmetics. Additionally, it serves as an intermediate in the production of pharmaceuticals, where it is used to build more complex molecules with therapeutic properties. In research, it is employed to study chemical reactions and mechanisms, aiding in the development of new materials and compounds. Its unique properties make it valuable in various industrial and scientific applications.