This chemical is primarily utilized in the field of organic synthesis, particularly in the development of advanced materials and pharmaceuticals. It serves as a key intermediate in the production of complex molecules, especially those requiring specific spirocyclic structures. Its unique molecular framework makes it valuable in the synthesis of compounds with potential biological activity, such as drugs targeting neurological disorders or other therapeutic areas. Additionally, it is employed in photochemical research due to its benzophenone moiety, which is known for its UV-absorbing properties, making it useful in studies involving light-induced reactions or polymer stabilization. Its application extends to material science, where it can be incorporated into polymers or coatings to enhance durability and performance under UV exposure.