Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various agrochemicals and pharmaceuticals. Its isothiocyanate group reacts readily with amines, making it valuable for creating thiourea derivatives, which are often explored for their biological activities. In research, it is employed to develop compounds with potential antifungal, antibacterial, and anticancer properties. Additionally, it finds application in the preparation of dyes and pigments due to its ability to form stable bonds with aromatic systems. Its role in cross-coupling reactions also makes it useful in material science for designing advanced polymers and coatings.