Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its alkyne and alcohol functional groups allow for versatile reactivity, including coupling reactions and derivatization through the hydroxyl group. Commonly employed in the development of bioactive molecules where a rigid cyclohexyl scaffold is needed to influence conformational stability. Also utilized in research settings for building complex molecular architectures via click chemistry or Sonogashira coupling when appropriately functionalized.