This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of various heterocyclic compounds. Its unique structure, featuring a spirocyclic framework, makes it valuable for constructing complex molecules with potential biological activity. Researchers often employ it in the synthesis of pharmaceuticals, particularly in the design of drugs targeting neurological disorders due to its ability to interact with specific receptors in the brain. Additionally, it finds application in material science, where it is used to develop novel organic materials with tailored optical and electronic properties. Its versatility in chemical reactions also makes it a useful component in the study of reaction mechanisms and the creation of new synthetic methodologies.