This chemical is primarily utilized in the field of organic synthesis as a key intermediate for the development of more complex molecules. Its unique spirocyclic structure makes it valuable in the synthesis of pharmaceuticals, particularly in the creation of compounds with potential biological activity. Researchers often employ it in the design of drug candidates targeting neurological disorders due to its ability to interact with specific receptors in the brain. Additionally, it serves as a building block in the preparation of agrochemicals, where its structural features contribute to the development of novel pesticides or herbicides. Its versatility in forming diverse chemical bonds allows for its application in material science as well, particularly in the synthesis of advanced polymers or coatings with specialized properties.