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 both a benzophenone moiety and a spirocyclic dioxa-aza system, makes it particularly valuable in the development of pharmaceuticals. It is often employed in the synthesis of compounds with potential biological activity, such as enzyme inhibitors or receptor modulators. Additionally, its unique chemical framework allows for further functionalization, enabling researchers to explore a wide range of derivatives for drug discovery and development. The compound's stability and reactivity also make it suitable for use in materials science, particularly in the creation of specialized polymers or coatings with specific optical or mechanical properties.