This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the creation of more complex molecules. Its unique spirocyclic structure makes it particularly valuable in the development of pharmaceuticals, especially in the design of drugs that target the central nervous system. The compound's framework is often employed to enhance the stability and bioavailability of active pharmaceutical ingredients. Additionally, it finds application in the synthesis of agrochemicals, where it contributes to the development of new pesticides and herbicides with improved efficacy and environmental safety. Researchers also explore its potential in material science, particularly in the creation of novel polymers and coatings with specific mechanical and chemical properties.