This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the preparation of complex molecules. Its spirocyclic structure makes it valuable for constructing frameworks in medicinal chemistry, particularly in the development of pharmaceuticals targeting neurological and cardiovascular diseases. Additionally, it is employed in the synthesis of ligands for catalytic processes, aiding in the creation of more efficient and selective catalysts. Its stability and reactivity also make it suitable for use in the development of novel materials with specific properties.