This chemical is primarily used in the field of organic synthesis, where it serves as a building block for creating complex molecular structures. Its unique tetracyclic framework makes it valuable in the development of specialty chemicals and advanced materials. In polymer chemistry, it is utilized to produce high-performance polymers with enhanced thermal stability and mechanical properties. Additionally, it finds application in the pharmaceutical industry as an intermediate in the synthesis of active pharmaceutical ingredients (APIs) with specific structural requirements. Its rigid structure also makes it a candidate for research in supramolecular chemistry and nanotechnology, where it can be used to design novel molecular architectures.