This chemical is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the preparation of various complex molecules. Its unique spirocyclic structure makes it valuable in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic activities. Additionally, it finds application in the creation of specialized polymers and materials, where its structural properties can enhance performance characteristics. The compound is also employed in research settings for the study of chemical reactions and mechanisms, aiding in the advancement of synthetic methodologies.