This chemical is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the creation of complex molecules. Its structure, featuring two piperidine rings connected by a dithione group, makes it particularly useful in the development of ligands for coordination chemistry. These ligands can bind to metal centers, facilitating the formation of metal complexes that are often employed in catalysis. Additionally, it finds application in the synthesis of heterocyclic compounds, which are crucial in pharmaceutical research and drug development. The compound's ability to act as a sulfur donor also makes it valuable in the preparation of sulfur-containing organic molecules, which are significant in materials science and industrial chemistry.