Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a building block for cyclohexyl-containing compounds, which are found in certain active pharmaceutical ingredients due to their favorable metabolic stability and lipophilicity. Also employed in the preparation of plasticizers and lubricant additives, enhancing low-temperature performance and oxidative stability. Its derivatives are utilized in flavors and fragrances, contributing to the development of esters with pleasant odors.