Used primarily as an intermediate in organic synthesis, this compound serves in the production of specialty chemicals such as fragrances and flavoring agents due to its reactive diene structure. Its ability to undergo Diels-Alder reactions makes it valuable in constructing cyclic compounds for pharmaceuticals and agrochemicals. It may also find use in polymer chemistry as a comonomer or cross-linking agent to modify resin and elastomer properties. Handling requires caution due to flammability and potential irritation.