This chemical is primarily utilized in the synthesis of pharmaceuticals and organic compounds. It serves as a key intermediate in the production of various drugs, particularly those targeting the central nervous system. Its unique spirocyclic structure makes it valuable for creating complex molecules with specific biological activities. Additionally, it is used in the development of agrochemicals, contributing to the formulation of pesticides and herbicides. In research, it is employed as a building block for constructing novel chemical entities, aiding in the discovery of new therapeutic agents. Its versatility in organic synthesis also extends to the creation of specialty chemicals used in industrial applications.