This compound is primarily used in organic synthesis as an intermediate for the production of more complex chemical structures. Its spirocyclic and ester functional groups make it a versatile building block in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that require specific ring structures. Additionally, it finds application in the creation of fragrances and flavoring agents, where its unique structure contributes to the desired olfactory properties. In material science, it is utilized in the synthesis of specialized polymers and coatings, where its chemical properties can enhance performance characteristics such as flexibility and durability.