Used primarily in the synthesis of fragrance and flavor compounds due to its ability to form esters with pleasant odors. Commonly employed in the production of perfumes, soaps, and cosmetics for its floral and fruity scent profiles. Serves as a building block in organic synthesis, particularly in the preparation of lactones and long-chain polymers. Applied in pharmaceuticals as an intermediate for antifungal agents. Also utilized in the manufacture of specialty lubricants and surface modifiers owing to its reactive terminal double bond, which allows for chemical modifications like hydrogenation, epoxidation, and polymerization.