This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of various pharmacologically active molecules. Its unique structure, featuring a spirocyclic framework, makes it valuable for constructing complex heterocyclic compounds, which are often found in drugs targeting neurological and psychiatric disorders. Additionally, it is employed in the synthesis of agrochemicals, contributing to the creation of novel pesticides and herbicides. Its versatility in chemical reactions also allows researchers to explore its potential in material science, particularly in the design of advanced organic materials with specific electronic or optical properties.