This chemical is primarily utilized in research and industrial applications due to its unique structural properties. It serves as a valuable intermediate in the synthesis of specialized lipids and fatty acid derivatives, which are essential in the development of advanced materials and coatings. Additionally, it is studied for its potential role in modifying lipid metabolism and its effects on cellular processes, making it relevant in biochemical and pharmacological research. Its conjugated triene structure also makes it a candidate for use in studies related to oxidative stability and the development of antioxidants.