This compound is primarily utilized in organic synthesis as a versatile intermediate for the construction of complex molecular structures. Its unique spirocyclic framework makes it valuable in the development of pharmaceuticals, particularly in the design of bioactive molecules with potential therapeutic applications. Additionally, it serves as a key building block in the synthesis of natural products and specialty chemicals, where its rigid structure can impart specific stereochemical and conformational properties. In material science, it may be employed in the creation of novel polymers or additives with tailored physical and chemical characteristics. Its reactivity and structural features also make it a candidate for research in catalysis and asymmetric synthesis.