Used as a key intermediate in the synthesis of pheromones for pest control in agriculture. It plays a role in attracting or disrupting the mating behavior of certain insect species, especially moths, making it valuable in integrated pest management programs. Also utilized in fragrance formulations for its waxy, floral-fruit aroma, contributing to perfumes and scented consumer products. Its ester functionality allows for easy incorporation into complex organic molecules, enhancing its utility in specialty chemical manufacturing.