Used primarily as a flavoring agent in the food industry, it imparts a fruity and sweet aroma, enhancing the taste of various products like candies, beverages, and baked goods. In the fragrance industry, it serves as a key component in perfumes and cosmetics, providing a pleasant, long-lasting scent. Additionally, it is utilized in the synthesis of pharmaceuticals, acting as an intermediate in the production of certain drugs. Its solvent properties also make it valuable in industrial applications for formulating coatings and adhesives.