This chemical is primarily used in the synthesis of specialty polymers and resins, where it acts as a cross-linking agent or modifier to enhance material properties such as flexibility, durability, and chemical resistance. It is also employed in the production of adhesives and coatings, where its ability to form strong bonds improves the performance of these products. Additionally, it finds application in the pharmaceutical industry as an intermediate in the synthesis of certain drugs, particularly those requiring specific sulfur-containing structures. In industrial settings, it is utilized in the formulation of corrosion inhibitors, helping to protect metal surfaces from degradation in harsh environments.