This chemical is primarily utilized in organic synthesis as a versatile intermediate for the development of complex molecular structures. Its unique spirocyclic framework makes it valuable in the synthesis of pharmaceuticals, particularly in the creation of compounds with potential therapeutic effects. It is also employed in the research and development of novel materials, where its structural properties can contribute to the design of polymers or specialty chemicals with specific functionalities. Additionally, it may serve as a building block in the preparation of agrochemicals, aiding in the discovery of new active ingredients for crop protection.