This chemical 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 pharmaceuticals, particularly in the design of drug candidates with specific biological activities. Additionally, it is employed in the production of specialty chemicals, including those used in the formulation of advanced materials and polymers. Its application extends to research settings, where it is used to study reaction mechanisms and develop new synthetic methodologies.