This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its unique spirocyclic structure makes it valuable for designing molecules with specific biological activities, particularly in the development of central nervous system (CNS) drugs. Additionally, it is explored in the synthesis of agrochemicals, where its structural framework contributes to the creation of compounds with potential pesticidal or herbicidal properties. Researchers also investigate its use in material science, particularly in the development of novel polymers or coatings with enhanced stability and performance.