Used primarily as a vulcanization accelerator in the rubber industry, it enhances the strength and durability of rubber products. It also serves as a stabilizer in the production of polymers, ensuring consistent quality and performance. In agriculture, it acts as a pesticide, effectively controlling pests that damage crops. Additionally, it finds application in analytical chemistry as a reagent for detecting metal ions, particularly copper, due to its ability to form stable complexes. Its role in these industries highlights its versatility and importance in various chemical processes.