This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various heterocyclic compounds. Its unique spirocyclic structure makes it valuable for constructing complex molecular frameworks, particularly in the development of pharmaceuticals and agrochemicals. Researchers often employ it in the synthesis of bioactive molecules, including potential drug candidates, due to its ability to introduce specific functional groups into target compounds. Additionally, its thione moiety can participate in further chemical transformations, making it a versatile building block in medicinal chemistry and material science.