This chemical is primarily used as a key intermediate in the synthesis of various pharmaceuticals, particularly those targeting neurological and cardiovascular conditions. Its spirocyclic structure makes it valuable in developing compounds with specific biological activities, such as enzyme inhibitors or receptor modulators. Additionally, it finds application in the production of agrochemicals, where it contributes to the creation of pesticides or herbicides with enhanced efficacy and selectivity. Its unique chemical framework also allows for its use in advanced material science, particularly in the development of polymers or coatings with tailored properties.