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 cyano group and a benzophenone moiety, makes it particularly valuable in the development of pharmaceuticals. It is often employed in the synthesis of compounds that exhibit biological activity, such as potential therapeutic agents targeting specific enzymes or receptors.

Additionally, its unique spirocyclic component can be leveraged in the design of materials with specific optical or electronic properties, making it relevant in the development of advanced materials. Researchers also explore its use in the creation of novel ligands for catalysis, which can enhance the efficiency of various chemical reactions. Overall, its versatility in synthesis and potential applications in drug discovery and material science make it a compound of significant interest in chemical research.