This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the construction of complex molecular frameworks. Its unique spirocyclic structure makes it valuable in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. It is often employed in the creation of novel drug candidates, especially those targeting neurological disorders, due to its structural similarity to certain bioactive molecules. Additionally, it is used in material science for the design of advanced organic materials with specific optical or electronic properties. Its reactivity and stability make it a useful building block in the development of new chemical entities for various industrial and research applications.