Used as an intermediate in the synthesis of fragrances and flavor compounds due to its pleasant, floral-woody odor. It is commonly employed in perfumery to enhance scent longevity and add a soft, warm character to fragrance formulations. Also utilized in the production of agrochemicals and pharmaceuticals where a lipophilic alcohol moiety is required. Its cyclohexyl group provides stability and influences the molecule’s conformation, making it valuable in designing bioactive molecules.