This compound 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 design of pharmaceuticals, particularly in the synthesis of potential drug candidates targeting neurological disorders. Additionally, it serves as a precursor in the production of agrochemicals, where its structural framework contributes to the development of novel pesticides or herbicides. The compound's sulfur and nitrogen-containing heterocycles are also explored in materials science for creating advanced polymers with specific thermal or mechanical properties. Its application in catalysis is another area of interest, where it may act as a ligand or catalyst in asymmetric synthesis reactions.