This chemical is primarily utilized in the synthesis of agrochemicals and pharmaceuticals due to its unique structure, which allows for the introduction of trifluoromethylthio groups into target molecules. It serves as a key intermediate in the development of pesticides and herbicides, particularly those targeting pests and weeds resistant to conventional treatments. Additionally, it is employed in medicinal chemistry for the creation of bioactive compounds, including potential drugs with antifungal, antibacterial, or antiviral properties. Its versatility in organic synthesis also makes it valuable in the production of specialty chemicals and advanced materials.