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 unique spirocyclic structure makes it valuable for constructing pharmacologically active compounds, particularly in the development of drugs targeting the central nervous system. Additionally, it is employed in the synthesis of specialty chemicals used in materials science, contributing to the creation of advanced polymers and coatings with specific properties. Its application extends to research and development, where it aids in the exploration of novel chemical reactions and pathways.