This chemical is primarily used in the synthesis of fragrances and flavoring agents due to its aromatic properties. It serves as a key intermediate in the production of compounds that impart specific scents, often found in perfumes, cosmetics, and household products. Additionally, it is utilized in organic synthesis to create more complex molecules for research and industrial applications, particularly in the development of fine chemicals. Its structure allows it to act as a building block in the creation of various organic compounds, making it valuable in both the fragrance industry and chemical research.