Used primarily as a specialized reagent in organic synthesis, particularly in cycloaddition reactions and the preparation of strained ring systems. Its unique structure with two isopropoxy groups and a conjugated diketone system makes it valuable for constructing complex organic frameworks. It serves as a dienophile in Diels-Alder reactions, enabling the formation of functionalized cyclobutane derivatives. Additionally, it is employed in photochemical studies due to its reactivity under UV light, facilitating ring-opening and rearrangement pathways. Its application extends to the development of photoresists and light-sensitive materials in advanced polymer chemistry.