Used as a key monomer in the synthesis of metal-organic frameworks (MOFs) due to its ability to form strong bonds with metal ions, enhancing structural stability and porosity. These MOFs and related materials are employed in advanced applications including gas storage, separation, catalysis, and absorption of heavy metals such as lead and mercury from wastewater in water treatment processes. Its thiol groups make it valuable in creating polymers with unique electronic and optical properties, useful in sensors and optoelectronic devices. Additionally, it plays a role in the preparation of organic semiconductors for applications in solar cells, light-emitting diodes (LEDs), and other high-performance electronic devices.