Used as a flavoring agent in food and fragrance industries due to its sweet, floral, and slightly woody aroma. Commonly found in perfumes, soaps, and cosmetic products to enhance scent profiles. Also serves as an intermediate in the synthesis of dyes and pharmaceuticals, particularly in the development of azo dyes where it couples with diazonium salts to produce colored compounds. Its stability and aromatic characteristics make it suitable for use in various industrial chemical formulations.