This chemical is primarily used in organic synthesis as a versatile intermediate. It serves as a key building block in the production of complex molecules, particularly in the pharmaceutical industry. Its structure, featuring a spirocyclic ring system, makes it valuable for creating compounds with specific stereochemical properties. Additionally, it is employed in the development of fragrances and flavoring agents due to its ability to impart unique olfactory characteristics. In material science, it is utilized in the synthesis of polymers and resins, contributing to the creation of specialized coatings and adhesives. Its applications extend to agrochemicals, where it aids in the formulation of active ingredients for crop protection products.