Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its isothiocyanate group reacts readily with amines, making it valuable for creating thiourea derivatives, which are often explored for their biological activities. Additionally, it is employed in the development of dyes and pigments due to its ability to form stable bonds with other organic molecules. In research, it is utilized to study enzyme inhibition and as a building block for complex molecules in medicinal chemistry.