This chemical is primarily utilized in research and development within the field of organic chemistry, particularly in the study of conjugated diynes. Its unique structure makes it a valuable compound for investigating polymerization processes and the synthesis of advanced materials. It is often employed in the creation of liquid crystals and polymers with specific optical and electronic properties. Additionally, it serves as a precursor in the development of bioactive compounds, contributing to studies in medicinal chemistry and drug discovery. Its applications also extend to material science, where it is used to explore the properties of novel organic compounds with potential industrial uses.