This chemical is primarily utilized in organic synthesis as a versatile reagent, particularly in the preparation of sulfonate esters. It is often employed in the modification of polymers and materials to enhance their properties, such as increasing thermal stability or improving solubility. Additionally, it serves as an intermediate in the production of specialty chemicals, including pharmaceuticals and agrochemicals, where its sulfonate groups play a key role in facilitating specific reactions. Its application extends to the field of crosslinking agents, where it aids in creating durable and resilient polymer networks.