This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of various pharmaceuticals. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly in the synthesis of heterocyclic compounds. It is often employed in the preparation of biologically active molecules, including potential drug candidates targeting neurological disorders and infectious diseases. Additionally, its chemical framework is explored in the design of novel agrochemicals, contributing to the development of more effective pesticides and herbicides. Researchers also investigate its use in material science, particularly in the creation of advanced polymers with specific properties.