This chemical is primarily used as a reversible addition-fragmentation chain transfer (RAFT) agent in polymerization processes. It plays a crucial role in controlling the molecular weight and distribution of polymers, enabling the synthesis of polymers with specific properties. Its application is particularly significant in the production of block copolymers, which are essential in advanced materials like drug delivery systems, coatings, and adhesives. The compound’s ability to regulate polymerization reactions makes it valuable in creating tailored polymers for industrial and biomedical applications.