Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals. It serves in the production of certain pesticides and plant growth regulators due to its stable cycloaliphatic structure. Also employed in fragrance formulations, particularly in creating musk-like scents in perfumes and cosmetics. Its ketone functionality allows for derivatization into alcohols, amines, or oximes, making it valuable in fine chemical synthesis. Additionally, it finds use in research and development for chiral building blocks in asymmetric synthesis.