This chemical is primarily used in the field of organic synthesis, where it serves as a key intermediate in the production of complex molecules. Its unique spirocyclic structure makes it valuable for constructing pharmacologically active compounds, particularly in the development of drugs targeting neurological disorders. Additionally, it is employed in materials science for creating polymers with specific mechanical and thermal properties. The compound’s ability to act as a ligand in coordination chemistry also makes it useful in catalytic processes, enhancing the efficiency of certain chemical reactions.