Used primarily as an intermediate in organic synthesis, this compound serves in the production of specialty chemicals such as fragrances, flavors, and pharmaceuticals. Its structure allows for selective reactions, making it valuable in creating branched hydrocarbon chains. It is also employed in research settings to study olefin behavior in catalytic processes and polymerization reactions. Due to its volatility and reactivity, it is handled under controlled conditions for laboratory-scale transformations rather than large industrial applications.