This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its unique spirocyclic structure makes it valuable for designing compounds with specific biological activities, particularly in the development of central nervous system (CNS) drugs and anti-inflammatory agents. Additionally, it serves as a building block in organic synthesis for creating complex molecular architectures, which are essential in drug discovery and medicinal chemistry. Its application also extends to the production of agrochemicals, where it contributes to the development of novel pesticides and herbicides.