Used primarily as an intermediate in organic synthesis, especially in the pharmaceutical and agrochemical industries. It serves as a building block for compounds requiring thioether linkages or aromatic methoxy functionalities. Its thiol group allows for easy modification through alkylation or oxidation, making it valuable in the development of complex molecules. Commonly employed in the synthesis of bioactive molecules, including potential drug candidates targeting central nervous system disorders and cardiovascular diseases. Also utilized in fragrance chemistry due to its aromatic character and sulfur-containing structure, contributing to unique olfactory properties in certain scent compounds.