This chemical is primarily utilized in organic synthesis as a versatile intermediate. It serves as a key building block in the preparation of complex molecules, particularly in the pharmaceutical industry, where it is used to develop active pharmaceutical ingredients (APIs). Its unique spirocyclic structure makes it valuable for constructing ring systems in drug discovery and development. Additionally, it finds applications in the synthesis of specialty chemicals and agrochemicals, where its reactivity and stability under various conditions are advantageous. Its nitrile group further enhances its utility in reactions such as hydrolysis, reduction, and cyclization, enabling the creation of diverse functionalized compounds.