This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its structure, featuring a benzophenone core and a spirocyclic dioxa-aza moiety, makes it particularly valuable in the development of pharmaceuticals and agrochemicals. The carboethoxy group enhances its reactivity, allowing for further functionalization, which is crucial in creating biologically active compounds. Additionally, its unique spirocyclic component can impart specific stereochemical properties, making it useful in the design of drugs with targeted activity. Researchers also explore its potential in material science, particularly in the synthesis of advanced polymers and coatings, where its structural complexity can contribute to desired material properties.