This chemical is primarily utilized in organic synthesis as a versatile intermediate. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly in the development of pharmaceuticals and agrochemicals. It is often employed in the synthesis of biologically active compounds, where its spirocyclic framework can impart specific conformational properties that enhance drug efficacy or selectivity. Additionally, it serves as a building block in the preparation of fine chemicals and specialty materials, where its reactivity and structural features are leveraged to create novel compounds with tailored properties.