This compound is primarily used in the field of organic synthesis, particularly as a key intermediate in the development of complex heterocyclic compounds. Its unique structure, featuring a spiro ring system and multiple ester groups, makes it valuable for constructing molecules with specific electronic and steric properties. It is often employed in the synthesis of pharmaceuticals, where the spirocyclic framework can impart desirable biological activity. Additionally, its functional groups allow for further chemical modifications, enabling the creation of diverse derivatives for use in drug discovery and material science. The compound's potential in catalysis and as a ligand in coordination chemistry is also being explored due to its ability to form stable complexes with metal ions.