This chemical is primarily utilized in organic synthesis as a versatile intermediate for the production of various complex molecules. Its unique spirocyclic structure makes it valuable in the development of pharmaceuticals, particularly in the creation of compounds with potential therapeutic effects. It is also employed in the synthesis of fragrances and flavoring agents, where its specific ring structure contributes to the desired olfactory properties. Additionally, it serves as a building block in material science for designing polymers and specialty chemicals with tailored properties. Its application extends to research and development, where it is used to explore novel chemical reactions and pathways.