This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the pharmaceutical industry. It serves as a key intermediate in the development of various active pharmaceutical ingredients (APIs). Its unique spirocyclic structure makes it valuable for creating molecules with specific stereochemical properties, which are crucial for drug efficacy and selectivity. Additionally, it is employed in research settings for the preparation of novel chemical entities, aiding in the exploration of new therapeutic agents. Its application extends to material science, where it is used in the development of advanced polymers and coatings, contributing to the creation of materials with enhanced durability and performance.