This compound is primarily utilized in the synthesis of organic materials, particularly in the development of specialized polymers and resins. Its unique structure, featuring a thioether linkage, makes it valuable in creating materials with enhanced thermal stability and mechanical properties. It is also employed in the production of liquid crystal displays (LCDs), where it acts as a key intermediate in the synthesis of liquid crystalline compounds. Additionally, it finds application in the pharmaceutical industry as a building block for the development of drug candidates, particularly those targeting inflammatory and metabolic disorders. Its role in organic synthesis extends to the preparation of fine chemicals and agrochemicals, where it contributes to the development of advanced formulations.