This chemical is primarily utilized in the field of organic synthesis as a versatile intermediate. Its unique spirocyclic structure makes it valuable for constructing complex molecular architectures, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key building block in the synthesis of compounds with potential biological activity, such as inhibitors or modulators of specific enzymes or receptors. Additionally, its stability and reactivity under various conditions make it suitable for use in multi-step synthetic pathways, enabling the creation of novel compounds with tailored properties for research and industrial applications.