This compound is widely used in the fragrance and flavor industry due to its unique aromatic properties. It imparts a roasted, nutty, and slightly sweet scent, making it a valuable ingredient in the formulation of food flavorings, particularly for meat, coffee, and chocolate products. Additionally, it is utilized in perfumery to create complex and warm olfactory profiles, often enhancing the depth of woody or spicy notes. Its stability and distinct aroma also make it suitable for use in household products like air fresheners and detergents. In organic synthesis, it serves as a key intermediate for the production of more complex thiophene derivatives, which have applications in pharmaceuticals and agrochemicals.