This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the creation of complex molecular structures. Its unique spirocyclic framework makes it valuable in the development of novel pharmaceuticals, particularly in the design of drugs targeting neurological disorders. Additionally, it is employed in the production of advanced materials, such as polymers with specific mechanical and thermal properties. Its application extends to agrochemical research, where it is explored for the synthesis of new pesticides and herbicides with improved efficacy and environmental safety.