Used as an intermediate in organic synthesis, particularly in the production of fragrances and flavor compounds due to its pleasant, mild odor. It serves as a building block in the creation of more complex ethers and esters used in perfumery. Also employed as a solvent or additive in specialty chemical formulations where moderate volatility and solvency are required. Its reactivity makes it suitable for use in certain polymerization processes and as a modifier in resin systems.