Used primarily as an intermediate in organic synthesis, this compound plays a key role in the preparation of cyclohexenone derivatives and other functionalized cyclic structures. Its oxime-like character allows it to participate in rearrangement reactions and serve as a protecting group or building block in the synthesis of pharmaceuticals and agrochemicals. It is also employed in the development of specialty polymers and ligands for catalysis due to its ability to stabilize reactive intermediates. The compound’s conjugated system enhances its utility in photochemical studies and materials science applications.