This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the construction of complex molecular structures. Its unique spirocyclic and fused ring system makes it valuable in the development of pharmaceuticals, particularly for designing molecules with specific biological activities. It is also employed in the synthesis of natural product analogs, aiding in the exploration of new therapeutic agents. Additionally, its reactivity and structural features make it useful in materials science for creating novel polymers or coatings with tailored properties.