This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the development of more complex chemical structures. Its unique spirocyclic framework makes it particularly valuable in the design and synthesis of novel pharmaceuticals, especially those targeting neurological disorders. The compound's structure allows for the creation of molecules with potential activity against specific receptors or enzymes in the brain, contributing to the development of new therapeutic agents. Additionally, it is explored in material science for the synthesis of advanced polymers with specific mechanical or chemical properties, owing to its ability to introduce rigidity and stability into polymer chains.