This chemical is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the development of more complex molecular structures. Its unique spirocyclic framework makes it particularly valuable in the design and synthesis of pharmaceuticals, where such structures can contribute to the biological activity and stability of drug molecules. Additionally, it is employed in the creation of specialty chemicals, including agrochemicals and fine chemicals, where its specific reactivity and structural features can be leveraged to produce compounds with desired properties. The compound’s ability to act as a building block in synthetic chemistry also extends to materials science, where it can be used to develop novel polymers or functional materials with tailored characteristics.