This chemical is primarily utilized in organic synthesis as a key intermediate for the production of various biologically active compounds. Its unique spirocyclic structure makes it valuable in the development of pharmaceuticals, particularly in the creation of drugs targeting neurological and inflammatory conditions. Additionally, it serves as a precursor in the synthesis of complex molecules used in agrochemicals, contributing to the formulation of pesticides and herbicides. The compound’s reactive double bond and functional groups enable its use in polymer chemistry, where it aids in the creation of specialized resins and coatings with enhanced durability and performance. Its versatility also extends to material science, where it is employed in the design of advanced materials with specific optical or mechanical properties.