This compound is primarily utilized in organic synthesis as a building block for more complex molecules. Its unique spiro structure makes it valuable in the development of pharmaceuticals, particularly in the creation of novel drug candidates with specific biological activities. Additionally, it can be employed in the synthesis of specialty chemicals, where its structural properties contribute to the development of materials with unique characteristics. In research, it is often used to study reaction mechanisms and to explore new synthetic pathways, aiding in the advancement of organic chemistry.