In 3D, the rank two tensorial physical quantities, for example, the electric susceptibility, the conductivity, the stress tensor etc, are in general, not irreducible representations i.e. neither traceless symmetric tensors nor antisymmetric tensors but an arbitrary tensor of rank two.
From the point of view of physics why is it then important to find out the irreducible representations of $SO(3)$ and their transformation properties? I mean, suppose I determine the transformations of the irreps (e.g. traceless symmetric tensors or antisymmetric tensors of rank two), where and how do I use it? What do I use it for? How is it useful in doing or understanding nature? If possible, please provide some insight with examples.
Note I know that under the action of a most general rotation, the five (traceless) symmetric combinations of the components of a rank two tensor $T$ linearly mix among themselves. Ditto is the case with the three antisymmetric combinations of the components of $T$. The trace is also invariant under rotation (i.e. scalar). In particular, I know that $${\bf 9}={\bf 5}\oplus{\bf 3}\oplus{\bf 1}.$$ But the thing I am asking above is that what do we understand physically by knowing this or how is this useful?