Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and agrochemicals. Its ketone functionality allows for nucleophilic addition reactions, making it valuable in building complex molecular structures. It is also employed in the synthesis of cyclopentyl-containing derivatives, which appear in bioactive molecules and medicinal agents. Due to the steric and electronic properties imparted by the cyclopentyl group, it aids in modulating the metabolic stability and lipophilicity of drug candidates. Additionally, it finds use in fragrance and flavor synthesis where cyclic ketones contribute to desired olfactory profiles.