This compound is primarily utilized in the field of organic synthesis, particularly as an intermediate in the production of more complex chemical structures. Its unique spirocyclic and benzophenone components make it valuable in the development of pharmaceuticals, where it can serve as a building block for drugs targeting various therapeutic areas. Additionally, it finds application in material science, where its structure can contribute to the creation of advanced polymers or coatings with specific optical or mechanical properties. Researchers also explore its potential in photochemical studies due to the benzophenone moiety, which is known for its ability to absorb UV light and initiate photoreactions.