This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the creation of complex molecules. Its unique spirocyclic structure makes it valuable in the development of pharmaceutical intermediates, particularly in the synthesis of compounds with potential biological activity. Researchers often employ it in the design of drug candidates targeting neurological disorders, as its framework can mimic certain structural motifs found in bioactive molecules. Additionally, it is explored in materials science for the development of novel polymers and coatings, leveraging its rigidity and stability to enhance material properties. Its application in catalysis is also under investigation, where it may act as a ligand or catalyst in asymmetric synthesis reactions.