Used as a chain transfer agent in reversible addition-fragmentation chain transfer (RAFT) polymerization, enabling precise control over molecular weight and polydispersity of synthesized polymers. Facilitates the production of well-defined copolymers with tailored architectures, such as block, star, or graft polymers, for applications in coatings, drug delivery systems, and advanced materials. Its functionality allows for polymerization of a wide range of vinyl monomers under mild conditions, making it valuable in both academic research and industrial polymer synthesis.