This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various complex molecules. Its unique spirocyclic structure makes it valuable for constructing intricate frameworks often found in pharmaceuticals and agrochemicals. Additionally, it is employed in the development of specialty chemicals, particularly those requiring sulfur-containing heterocycles, which are essential in creating compounds with specific biological activities. Its application extends to materials science, where it is used in the synthesis of advanced polymers and coatings that demand precise molecular architectures for enhanced performance properties.