Used as a key intermediate in organic synthesis, particularly in the preparation of functionalized spirocyclic compounds. Its structure allows for further transformations via reduction of the nitro group or modification of the vinyl moiety, making it valuable in the development of pharmaceuticals and agrochemicals. The spiro framework is often found in bioactive molecules, and this compound serves as a building block for constructing complex cyclic systems. It is also employed in materials science for designing novel monomers or cross-linking agents due to its rigid spiro architecture and reactive handles.