Used primarily as a specialty intermediate in organic synthesis, this compound is valuable for constructing complex molecules in pharmaceutical and agrochemical research. Its conjugated enyne structure with a reactive chloroalkyl group allows for selective coupling reactions, making it useful in the development of bioactive compounds. It serves as a building block in synthesizing terpenoids and other natural products where precise carbon framework assembly is required. Due to its reactivity, it is also employed in cyclization reactions to form cyclic or polycyclic systems under transition metal catalysis.