Used in the fragrance industry for its woody and earthy aroma notes, this compound serves as a key intermediate in the synthesis of complex perfumery ingredients. Its structural features make it valuable in creating musk-like scents and enhancing scent longevity in fine fragrances and cosmetics. Additionally, it has shown potential in research related to natural product synthesis due to its terpenoid backbone, supporting studies on bioactive molecules with possible antimicrobial or anti-inflammatory properties.