This compound is a dithioester derivative primarily utilized as a chain transfer agent in Reversible Addition-Fragmentation chain Transfer (RAFT) polymerization. It enables the controlled synthesis of polymers with defined molecular weights, narrow polydispersity, and specific architectures, making it essential in advanced polymer chemistry for applications in materials science, coatings, and biomedical materials. Additionally, it serves as a versatile intermediate and reagent in organic synthesis, including the development of pharmaceuticals, agrochemicals, and other fine chemicals, where it facilitates carbon-sulfur bond formations and other transformations.