This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of various pharmacologically active molecules. Its unique spirocyclic structure makes it valuable for constructing complex heterocyclic frameworks, which are often found in drugs targeting neurological and inflammatory disorders. Additionally, it is employed in the synthesis of enzyme inhibitors, particularly those involved in modulating metabolic pathways. Researchers also explore its potential in creating novel materials with specific chemical properties, such as polymers or coatings with enhanced stability and functionality.