This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of fragrances and flavoring agents. Its unique structure contributes to the creation of aromatic molecules that are valued in the perfume industry for their pleasant and long-lasting scents. Additionally, it serves as an intermediate in the production of certain pharmaceuticals, where its properties are leveraged to enhance the efficacy and stability of active ingredients. In research and development, it is often employed in studies related to organic synthesis and material science, aiding in the exploration of new chemical pathways and the development of innovative products.