This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its unique spirocyclic structure makes it valuable in the development of compounds with specific biological activities, such as enzyme inhibitors or receptor modulators. Additionally, it is employed in research settings to study reaction mechanisms and to explore novel synthetic pathways. Its stability and reactivity profile also make it a suitable candidate for the design of new materials with potential applications in industrial chemistry.