This compound is primarily utilized in the field of organic synthesis as a versatile intermediate. Its unique structure, featuring a trifluoromethyl group and a spirocyclic system, makes it valuable for the development of more complex molecules, particularly in pharmaceutical research. It is often employed in the synthesis of biologically active compounds, where the trifluoromethyl group can enhance metabolic stability and binding affinity. Additionally, it serves as a building block in the preparation of agrochemicals, where its structural features contribute to the efficacy and selectivity of the final products. The compound's reactivity also allows for further functionalization, enabling the creation of diverse chemical entities for various industrial applications.