Used in the synthesis of pharmaceuticals and fine chemicals, particularly as an intermediate in the production of antihypertensive drugs. It also serves as a building block in organic synthesis for creating thiophene-containing compounds, which are valuable in developing bioactive molecules and functional materials. Its structure supports conjugation in electronic materials and is explored in the development of organic semiconductors. Additionally, it finds use in fragrance formulations due to its mild, sweet, floral-woody odor, making it suitable for perfumes and scented products.