Used primarily in the synthesis of fragrances and flavoring agents, it serves as a key intermediate in the production of various aromatic compounds. Its application extends to the pharmaceutical industry, where it is utilized in the creation of certain active ingredients and intermediates for drug development. Additionally, it plays a role in agrochemical research, contributing to the formulation of pesticides and herbicides. In organic chemistry, it is often employed as a building block for more complex molecules, particularly in the synthesis of heterocyclic compounds. Its versatility makes it valuable in both industrial and academic research settings.