This chemical is primarily used in the synthesis of complex organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its unique spirocyclic structure makes it a valuable intermediate in creating molecules with specific biological activities. It is often employed in the preparation of compounds that require a rigid, cyclic framework, which can enhance stability and efficacy in drug design. Additionally, it finds application in material science, where it is utilized to develop polymers and coatings with tailored properties. Its versatility in organic synthesis makes it a crucial component in research and industrial processes aimed at producing high-performance materials and bioactive molecules.