Used primarily as an intermediate in the synthesis of fragrances and flavoring agents due to its ability to contribute musk-like and floral notes. It serves as a building block in the production of more complex organic molecules, particularly in the development of perfumes and scented consumer products. Its structural configuration allows for stereoselective transformations, making it valuable in fine chemical and pharmaceutical research where controlled chirality is important. Also explored in agrochemical synthesis for creating bioactive compounds with specific odor profiles or environmental interactions.