Used as an intermediate in organic synthesis, particularly in the preparation of heterocyclic compounds. It serves in the development of pharmaceuticals and agrochemicals due to its reactive thiocarbonyl and ketone functional groups. Commonly employed in the synthesis of thiazole and thiadiazole derivatives, which exhibit biological activity such as antimicrobial, antifungal, and antitumor properties. Also utilized in coordination chemistry as a ligand for metal complexes with potential catalytic or material science applications.