This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly those targeting neurological and cardiovascular diseases. Additionally, it is employed in the development of agrochemicals, contributing to the creation of more effective pesticides and herbicides. Its versatility also extends to material science, where it is used in the synthesis of advanced polymers and coatings with enhanced properties.