This compound is primarily utilized in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the development of complex molecules, particularly those with potential pharmaceutical applications. Its unique spirocyclic structure makes it valuable for constructing diverse heterocyclic compounds, which are often explored for their biological activity. Researchers leverage its chemical framework to design and synthesize novel drug candidates, especially in the areas of antimicrobial and antiviral therapies. Additionally, its stability and reactivity make it suitable for use in advanced material science, where it contributes to the creation of specialized polymers and coatings with tailored properties.