This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate for the development of various pharmaceuticals. Its unique spirocyclic structure makes it valuable in the design of molecules with potential biological activity, particularly in the creation of drugs targeting neurological disorders. Additionally, it is employed in the research and development of agrochemicals, contributing to the synthesis of compounds that enhance crop protection and yield. Its application extends to material science as well, where it is explored for the creation of novel polymers and coatings with specific properties.