This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various bioactive molecules, particularly those targeting neurological and cardiovascular disorders. Its unique structure, featuring a benzophenone core and a spirocyclic moiety, makes it valuable for designing compounds with specific receptor-binding properties. Additionally, it is employed in the synthesis of advanced materials, such as liquid crystals and polymers, due to its ability to impart stability and tailored optical properties. Researchers also explore its potential in photochemical applications, leveraging its light-absorbing characteristics for UV stabilization and photoinitiation processes.