This chemical is primarily utilized in the field of organic synthesis, particularly as a key intermediate in the production of complex molecules. Its unique spirocyclic structure makes it valuable in the development of pharmaceuticals, where it can serve as a building block for active pharmaceutical ingredients (APIs). Additionally, it finds application in the synthesis of specialized polymers and materials, where its structural properties contribute to the creation of novel compounds with specific functionalities. Its tert-butyl ester group enhances its stability, making it suitable for use in various chemical reactions that require controlled conditions.