This compound is primarily utilized in organic synthesis as a key intermediate in the development of various pharmaceutical agents. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly in the synthesis of bioactive compounds and drug candidates. Researchers often employ it in the preparation of heterocyclic compounds, which are essential in medicinal chemistry for their potential therapeutic properties. Additionally, it serves as a building block in the design of enzyme inhibitors, where its structural features can be tailored to interact with specific biological targets. Its application extends to the field of agrochemicals, where it may be used to develop new pesticides or herbicides with enhanced efficacy.