This chemical is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the creation of complex molecular structures. Its unique adamantane-like framework makes it particularly valuable in the development of pharmaceuticals, especially in the design of drugs targeting the central nervous system. Additionally, it is employed in the synthesis of advanced materials, including polymers and coatings, due to its rigid and stable structure, which enhances the durability and performance of these materials. In research, it is often used as a model compound to study reaction mechanisms and to explore new synthetic pathways.