Used primarily in the field of organic synthesis, this compound serves as a versatile intermediate for creating more complex molecules. It is particularly valuable in the development of pharmaceuticals, where it aids in the formation of disulfide bonds, crucial for the stability and function of certain drugs. Additionally, it finds application in material science, contributing to the synthesis of polymers with enhanced properties. Its role in research extends to studying molecular interactions and mechanisms involving disulfide linkages, which are fundamental in biological systems.