This compound is primarily utilized in the field of organic synthesis, particularly as a building block or intermediate in the development of more complex molecules. Its unique spirocyclic structure makes it valuable for constructing frameworks that are often challenging to achieve through conventional methods. It is frequently employed in the synthesis of pharmaceuticals, where its structural features can contribute to the biological activity of the final drug candidates. Additionally, it finds application in materials science, where it may be used to create novel polymers or other advanced materials with specific properties. Its stability and reactivity profile make it a versatile reagent in various chemical transformations.