This compound is primarily utilized in research settings for studying lipid metabolism and the biochemical pathways of polyunsaturated fatty acids. It serves as a model compound to investigate the behavior and transformations of omega-3 fatty acids in biological systems. Additionally, it is used in the synthesis of specialized lipid mediators, which play a role in inflammation and immune response regulation. In industrial applications, it can be employed as a precursor for the production of bioactive compounds or as a reference standard in analytical chemistry for identifying and quantifying similar fatty acid esters. Its unique structure also makes it valuable in the development of nutritional supplements and functional foods aimed at promoting cardiovascular and neurological health.