Used as a corrosion inhibitor in industrial cooling systems and metal treatment processes due to its strong affinity for metal surfaces. Forms a protective layer that prevents oxidation and degradation of metals in harsh environments. Also employed in the synthesis of specialty polymers and ligands for coordination chemistry, where its sulfur-rich structure enhances chelating ability with transition metals. Shows potential in electrochemical applications, including battery materials and sensors, owing to its redox-active properties. Additionally, investigated for use in agrochemicals as a stabilizing agent for active ingredients.