Used as a key intermediate in the synthesis of agricultural fungicides, particularly in the production of triazole-based systemic fungicides that protect crops from fungal diseases. It also serves in the development of pharmaceuticals, where its derivatives exhibit antimicrobial and antifungal activities. Its thiol group enables easy modification for creating ligands in coordination chemistry and metal-organic frameworks. Additionally, it finds use in corrosion inhibition studies due to its ability to form protective layers on metal surfaces.