This compound is primarily utilized in the field of organic synthesis, particularly as a chiral building block for the development of complex molecules. Its unique spirocyclic structure and chiral centers make it valuable in asymmetric synthesis, enabling the creation of enantiomerically pure compounds. It is often employed in the synthesis of pharmaceuticals, where precise stereochemistry is crucial for biological activity. Additionally, it serves as a ligand or catalyst in various catalytic processes, enhancing the efficiency and selectivity of chemical reactions. Its application extends to materials science, where it contributes to the design of advanced polymers and functional materials with tailored properties.