This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and bioactive molecules. Its spirocyclic structure makes it a valuable building block for creating complex molecular architectures, particularly in the development of drugs targeting neurological disorders. Additionally, it has been explored for its potential use in the synthesis of agrochemicals, where its unique chemical properties can contribute to the creation of more effective and selective pesticides. Researchers also investigate its role in material science, particularly in the design of novel polymers and coatings with enhanced stability and performance.