This compound is primarily utilized in the field of organic synthesis, where it serves as a chiral building block or intermediate. Its unique spirocyclic structure and chiral centers make it valuable for constructing complex molecules, particularly in the development of pharmaceuticals and fine chemicals. It is often employed in asymmetric synthesis to induce stereoselectivity, enabling the production of enantiomerically pure compounds. Additionally, it can be used in the preparation of ligands for catalysis, enhancing the efficiency and selectivity of chemical reactions. Its application extends to material science, where it contributes to the design of advanced polymers and functional materials with specific optical or mechanical properties.