This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its unique spirocyclic structure makes it valuable for constructing pharmacologically active compounds, particularly in the development of drugs targeting neurological disorders. Additionally, it is employed in the synthesis of agrochemicals, where it contributes to the creation of pesticides and herbicides with enhanced efficacy. Researchers also explore its potential in material science, leveraging its structural properties to develop novel polymers and coatings with specific performance characteristics.