Used as an intermediate in organic synthesis, particularly in the production of fragrances and flavor compounds. Its structure allows for functional group transformations, making it valuable in creating complex molecules for perfumery. It can undergo oxidation to form aldehydes or acids used in aroma chemicals. Also utilized in the synthesis of pheromones and other bioactive molecules due to its alkenol functionality. Serves as a building block in specialty chemicals where a nine-carbon chain with both double bond and hydroxyl group is required.