This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its unique structure, featuring a spirocyclic system, makes it valuable for developing molecules with potential therapeutic properties. Researchers often employ it in the synthesis of compounds targeting neurological disorders, due to its ability to interact with specific biological pathways. Additionally, it is explored in the development of novel agrochemicals, where its structural complexity can lead to effective pest control agents. Its versatility in chemical reactions also makes it a useful building block for creating diverse organic molecules in academic and industrial research settings.