Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug candidates where the fluorine atom enhances metabolic stability and bioavailability. Employed in agrochemical manufacturing to create herbicides and pesticides with improved efficacy and resistance profiles. Serves as a building block in materials science for designing functional organic molecules, including liquid crystals and electronic materials. Its thiol group allows for easy conjugation in chemical modifications, making it valuable in research and development of novel compounds.