This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its unique spirocyclic structure makes it valuable for constructing complex molecules, particularly those requiring specific stereochemistry or ring systems. Additionally, it is employed in the development of novel compounds with potential biological activity, such as antimicrobial or anti-inflammatory agents. Researchers also explore its use in material science for creating polymers with specialized properties. Its versatility in synthesis applications makes it a valuable tool in advancing both medicinal and industrial chemistry.