This compound is primarily used in organic synthesis as an intermediate for the preparation of more complex molecules. Its structure, featuring both formyl and ester functional groups, makes it versatile for various chemical transformations, such as cyclization, reduction, or condensation reactions. It is often employed in the development of pharmaceuticals, agrochemicals, and fine chemicals. Additionally, its spirocyclic framework is valuable in designing compounds with specific steric and electronic properties, which can be useful in materials science or as building blocks for natural product synthesis.