Used as a fragrance ingredient in perfumery and scented products due to its musky, amber-like odor. It is valued for its ability to enhance and prolong the scent in fine fragrances, soaps, detergents, and cosmetics. Its cyclic ester structure contributes to stability and slow evaporation, making it effective as a fixative in fragrance formulations. Also found in some flavoring applications where a subtle, natural aroma is desired.