This chemical is primarily utilized in organic synthesis as a building block for the creation of more complex molecules. Its unique spirocyclic structure makes it valuable in the development of pharmaceuticals, where it can serve as a precursor for active pharmaceutical ingredients (APIs). Additionally, it is employed in the synthesis of agrochemicals, contributing to the production of pesticides and herbicides. The compound’s reactivity and structural features also make it suitable for research in material science, particularly in the development of novel polymers and specialty chemicals. Its application extends to the field of fine chemicals, where it is used to create intermediates for dyes, fragrances, and other high-value compounds.