This chemical is primarily utilized in organic synthesis as a versatile intermediate for the development of complex molecules. Its unique spirocyclic structure makes it valuable in the construction of biologically active compounds, particularly in pharmaceutical research. It is often employed in the synthesis of potential drug candidates, where its framework can be modified to enhance pharmacological properties. Additionally, it serves as a key building block in the preparation of heterocyclic compounds, which are essential in medicinal chemistry for designing new therapies. Its application extends to material science, where it contributes to the development of novel polymers and advanced materials with specific functionalities.