This chemical is primarily utilized in the field of organic synthesis, particularly in the development of complex molecules. It serves as a key intermediate in the production of various pharmaceutical compounds, where its unique structure aids in the creation of active pharmaceutical ingredients (APIs). Additionally, it is employed in the synthesis of specialty chemicals used in research and development, particularly in the study of spirocyclic compounds and their potential applications in drug discovery. Its benzophenone moiety makes it valuable in UV-curable coatings and adhesives, where it acts as a photoinitiator to facilitate polymerization processes under ultraviolet light.