Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its isothiocyanate group is particularly valuable for creating thiourea derivatives, which are often explored for their biological activities, including antimicrobial and anticancer properties. Additionally, it is utilized in the development of dyes and pigments due to its ability to form stable covalent bonds with other molecules. In research, it is employed as a reagent for modifying proteins and peptides, aiding in the study of biochemical pathways and interactions. Its applications also extend to material science, where it is used to synthesize polymers with specific functional properties.