This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the development of more complex chemical structures. Its unique spirocyclic framework makes it valuable in the synthesis of heterocyclic compounds, which are often explored for their potential biological activities. Researchers have employed it in the creation of novel pharmaceuticals, particularly in the design of molecules with potential therapeutic effects, such as enzyme inhibitors or receptor modulators. Additionally, its structure is of interest in material science, where it can be incorporated into polymers or coatings to impart specific properties like stability or reactivity. The compound’s utility in these areas highlights its importance in advancing both medicinal chemistry and material innovation.