This chemical is primarily utilized in organic synthesis as a versatile intermediate. Its unique spirocyclic structure makes it valuable in the development of complex molecules, particularly in pharmaceutical research. It is often employed in the synthesis of heterocyclic compounds, which are crucial in drug discovery and development. Additionally, its reactivity allows for the creation of novel polymers and materials with specific properties, making it useful in material science. The compound’s ability to act as a building block for more intricate structures also finds applications in agrochemical research, where it contributes to the development of new pesticides and herbicides.