Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the production of various pharmaceuticals, agrochemicals, and specialty chemicals. Its structure allows it to participate in reactions that form carbon-sulfur and carbon-carbon bonds, making it valuable in the development of complex molecules. Additionally, it is employed in the synthesis of sulfur-containing compounds, which are often utilized in the creation of polymers and materials with specific properties. Its application extends to research and development, where it aids in the exploration of new chemical entities and processes.