This chemical is primarily utilized in the field of organic synthesis as a key intermediate for the preparation of various biologically active compounds. Its unique spirocyclic structure makes it valuable in the development of pharmaceuticals, particularly in the design of drugs targeting neurological disorders and metabolic diseases. Additionally, it is employed in the synthesis of agrochemicals, where it contributes to the creation of novel pesticides and herbicides. Its stability and reactivity also make it a useful component in research focused on developing new materials with specific chemical properties.