This compound is primarily utilized in the field of organic synthesis as a key intermediate for the development of more complex molecules. Its unique spirocyclic structure makes it valuable in the creation of pharmaceuticals, particularly in the design of drugs targeting neurological disorders. The compound's rigid framework is advantageous for enhancing the stability and specificity of active pharmaceutical ingredients. Additionally, it is employed in the synthesis of agrochemicals, where its structural properties contribute to the efficacy of pesticides and herbicides. Researchers also explore its potential in material science, particularly in the development of novel polymers with specific mechanical and thermal properties.