Used primarily as a chelating agent in analytical chemistry for the extraction and pre-concentration of trace metal ions such as copper, nickel, and cobalt. Its strong affinity for transition metals makes it effective in solvent extraction processes, particularly in environmental and industrial sample analysis. Also applied in the synthesis of dithiocarbamate-based polymers and as a stabilizer in certain rubber and polymer formulations due to its ability to scavenge metal impurities that catalyze degradation. Additionally, it finds use in agrochemical formulations as a synergist to enhance the stability and efficacy of active ingredients.